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Updated over 2 years ago on . Most recent reply

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Michael Stinger
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Can you sell a seller finance deal?

Michael Stinger
Posted

$350k property, 8 unit consisting of 2-3 houses. 7/8 are rented for ~$2800, 1 vacant and 1 beauty salon is vacant. Max rent would be ~$3700/month. I've been negotiating with the realtor about a seller finance deal and they've agreed.

$25k down. $2k/month for 150 months, $25k balloon - I.E. a 0% interest deal. Is there a place where you can sell seller finance deals like this? Someone more local could most likely cash flow $1k+/month. I've just bought another property and don't have the capital right now.

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