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Updated over 10 years ago on . Most recent reply

Yolanda Ramirez's profile image
Yolanda Ramirez's profile image
Yolanda Ramirez
  • from San Antonio, Texas
  • Member since Nov 17, 2014
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Yolanda Ramirez's profile image
Yolanda Ramirez's profile image
Yolanda Ramirez
  • from San Antonio, Texas
  • Member since Nov 17, 2014
Connect
Yolanda Ramirez
  • San Antonio, TX
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Real Estate Deal Analysis & Advice

Selling multi family property to a corporation

Yolanda Ramirez
  • San Antonio, TX
Posted

I am doing an owner-finance wraparound balloon on a multi family 6 unit property.  The buyer is a corporation, but do I not need a person to be responsible for the mortgage?  What are my cons if I sell to a corporation?  I understand I need an attorney, but I am being asked to sign something that I do not feel is right.  Any info will be appreciated.

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