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Updated almost 8 years ago,

User Stats

372
Posts
172
Votes
Allen Maris
Pro Member
  • Investor
  • Santa Ynez, CA
172
Votes |
372
Posts

Best options to carry?

Allen Maris
Pro Member
  • Investor
  • Santa Ynez, CA
Posted

I'm looking to sell one of the properties and had a prospective buyer ask me to carry a loan for 5 years (amortized over 5 with 10% down). 

I'm not familiar enough with Dodd-Frank limitations, so would love to hear thoughts on structuring this in a way that won't cause any problems should the deal ever need to get challenged. This is the only seller carry I'll do this year as well.

Of course I'll go to a lawyer to do the agreement, but want to make sure that going in I know what all the options are.

Thanks, BP'ers!

  • Allen Maris
  • Loading replies...