This way, you're not locked into a long-term commitment and can start looking for a new tenant.

@Bill Fanelli I am not personally using it, but I heard it can be a bit troublesome in terms of onboarding.

In terms of the title, you can go in together and the loan can be under one or both people depending on qualifications.

I'm going to sell one of my rental properties and offer seller financing with a 30-year mortgage term.

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $118,000

Cash invested: $30,000

This is a single family property this is rented by the room. The entire house is fu...

This insulates the Landlord from rising expenses over the term of the lease.2. 

Havan,It should be possible to get coverage.  

Prepayment penalties- usually 1-5 year terms.

I don't know 100% if this is the smartest decision or best decision long term, but that is why I am here trying to learn and understand. 

If your seller files bankruptcy after the sale and the Trustee believes the sale was fraudulent because it was for below market value and seeks to set the sale aside, I think the title insurer might deny coverage.