The buyer can't successfully refi then and is stuck with a potential liability they've overpaid for.Moreover, the other risk is that if the seller still has a mortgage and the buyer is making payments directly to the seller, the seller could collect the buyer's payments and stop making payments to their lender (pocketing money) until their lender forecloses.

Hello,I'm doing research into how the federal funds rate affects mortgage rates.

Save for a down payment, check credit, reduce debt, research real estate investing options, build a network, conduct property analysis, make the purchase, negotiate a mortgage, manage the property, consider long-term strategies, create a savings plan, and connect with experienced investors.Good luck!

Don't bang on pipes in the quest of fixing anything Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

For example, I've had amazing success with seller financing—one time I even got a seller to carry back 100% of the home's value in a first mortgage, meaning zero down payment.A crucial part of this is finding motivated vendors.

Hello,I am a young investor looking to get knowledge on how to utilize seller financing to obtaining 2nd rental property.I bought 1 single family home in Tilbury, Ontario in 2021 and it is not cashflowing AND not able to sell right now as locked in mortgage until 2027.I do have some cash, but not enough for a 2nd property, and I seen plenty of off market seller financing - but I just don't understand the whole seller financing business to obtain.

You're basically asking for an unsecured line of credit, which you'd only get if you have an established business with a strong balance sheet in the US (and you already do business with the lender).Add 1 and 2 and it sounds like mission impossible to me.

I entered "1" for the mortgage on the property that is paid off and I  entered "1" at year 19  for the property with 18 years because it did not calculate it even though I entered 18 in the Financing Assumptions box.

The $78k value per unit and total value of $780,000 are well over many lenders' minimum requirements. 

Would love to connect with investors, lenders, agents, and property managers from the Faribanks/North Pole areas if you're here!