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Updated over 5 years ago,

Account Closed's profile image
Account Closed's profile image
Account Closed
  • Investor
  • from Surprise, AZ
  • Member since May 10, 2018
Connect
Account Closed's profile image
Account Closed's profile image
Account Closed
  • Investor
  • from Surprise, AZ
  • Member since May 10, 2018
Connect
Account Closed
  • Investor
  • Surprise, AZ
110
Votes |
156
Posts
Tax Liens & Mortgage Notes

Seller Carrying Back a Note

Account Closed
  • Investor
  • Surprise, AZ
Posted

So I currently have my property up for sale and another investor mentioned that I should carry back the mortgage to seller finance it. I'm a little confused because I thought you had to own the home outright to seller finance it? I have a 1st mortgage and HELOC on it. There will be capital gains if it sells at my asking price. Any clarity is greatly appreciated! Zee

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