Also, setting up an S-Corp could potentially save you on self-employment taxes, but I’d suggest chatting with a CPA to weigh the pros and cons based on your income. 

In the meantime I would love to have some helpful information or ideas to share with the buyers when we meet and ideally an agreement/contract we could fill out together once new terms are agreed to and then share that with the attorney so he could draft up the formal instrument for recording.If you have experience with this type of scenario, I’d love to hear any recommendations you have or any helpful resources you could point me to for the appropriate paperwork. you can do a loan modification, which an attorney can draft for you or the loan servicer you are using can also draft it for you and you can give them the terms to review the documents.Also make sure to check with the requirements as in some states the loan modification will also need to be recorded.Happy to chat offline about more info on how to do a loan mod, we do them all the time (it does not matter whether its seller financed or an agency loan)

Would love to chat.

I have many questions that need answers so I will likely be a regular here in this chat.

If you ever want to chat or need advice, let me know—I’m here to help!

I paid thousand of dollars to do tax planning and I got two meeting so far with not tax planning, just chatting.  

Happy to chat if you'd like to connect! 

Don’t hesitate to reach out if there’s ever anything you need or want to chat about.

Happy to chat if you'd like to connect!

Message me any time -  happy to chat further.