The outstanding balance after 5 years (60 payments) will be approximately $364,814.The buyer would need to pay this amount at the end of the 5-year term, typically through refinancing or other financial arrangements.Using the Promissory Note for Financing in Florida:The promissory note valued at $400,000 from the sale can be used as collateral.Assuming you can get a loan of 75% of the note's value, you could potentially access $300,000 to assist in purchasing your new home in Florida.This detailed scenario underscores the potential benefits of seller financing, such as generating additional cash flow and converting equity into liquid capital for reinvestment.

Can you convert a metes and bounds to a lot and block?

I would like to then convert it into a commercial condo.

Converting it to a rental projected to rent @ $4500 monthly.

I’ve been mulling over the idea of moving and converting my home into a mid-term rental, but I’m in the early stages of research.

Purchased a home in Oakland in late 2022 which had a non-permitted garage-converted detached ADU in the backyard.

They will be forwarding over a list of contractors they use.Does anyone know what a typical contractor load-out would look like on a land development deal that will convert raw forested land into a "Ryan Homes" type subdivision? 

If you moved into the other side you are now converting a rental property (one side of the duplex) into your primary residence. 

In my current analysis, I'm (trying to) take that into account during our "move out event", including converting to a conventional loan, renting out both units, etc.

Every where we asked, it is not possible to convert from our personal name to an LLC (which own by us).