We each hold a 50% interest in the LLC.The values of each house are approximately the same, and there are no loans or outstanding debts.He wants to cash out so we thought a good strategy might be for us to sell one of the houses, and let him take all of the proceeds, and for me to take full ownership of the other one.Essentially, I am looking to swap my half interest in one of the houses for his half interest and the other one.

Hello, I have a rental property that is 100% paid off with no outstanding mortgage, and the property located in a northeast state.

I would say if you do post it be as detailed as possible minus borrower info re: what's the collateral exactly (estimated value, condition, etc), outstanding balance, state where it's held, terms, performing or non, 1st or 2nd position, payment amount and what you're asking price wise.

If you have any outstanding debt, pay it off ASAP!

The deal exemplifies Partner Driven's commitment to delivering outstanding results for our partners and showcases the strength of our collaborative What made you interested in investing in this type of deal?

The deal highlighted the strength of our partnership with Karen and our commitment to achieving outstanding results through strategic investments.

The deal highlighted the strength of our partnership with Seth and our commitment to delivering outstanding results through strategic investments.

The deal highlighted the strength of our partnership with Karen and our commitment to achieving outstanding results through strategic investments.

The deal highlighted the strength of our partnership with Zachary and our commitment to achieving outstanding results through strategic investments.

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.