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Updated about 9 years ago on . Most recent reply

User Stats

66
Posts
10
Votes
Joe Kooner
  • Realtor
  • Bellevue, WA
10
Votes |
66
Posts

Seller financing encyclopedia

Joe Kooner
  • Realtor
  • Bellevue, WA
Posted
Hello, (I'm on the mobile app right now and tried to search for my question before posting but was not successful). Can someone please explain in depth "seller financing" options when wholesaling. For example, you have a motivated seller and you meet them at their property and start to discuss how to prepare the deal. I know the conventional ways, of giving the an offer and then finding and end buyer. But can someone give a good in depth answer to what seller finance is and give multiple scenarios? Pardon me, but if there is already a thread about this topic and what I'm looking for, I would appreciate the link to said topic. Cheers.

Most Popular Reply

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10,251
Posts
16,108
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Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
16,108
Votes |
10,251
Posts
Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
Replied

Sub2 if they owe what it's worth or less. Short sale if they owe more, are behind AND can prove financial hardship. Search for more in depth threads on sub2 (subject-to) and short sales, maybe. Good luck @Joe Kooner!

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