Updated about 4 years ago on . Most recent reply
Seller Financing and How to do the terms
I am new to the idea of getting seller financing. We have a scenario for a property that may be a perfect fit to try for the first time. What happens if we buy the duplex and want to tear it down in a few years to build new? Would we just then continue to make normal monthly payments? The current rental income would pay the mortgage plus about $220. Any advice on how this might look would be much appreciated.