Thanks I appreciate itI’ll outline what I’m trying to do and maybe you know how I should go about making it happen I have 3 houses ready t o sell2 are on the market one soonI’d like to sell them with seller financing but by creating a first lien note for 70% Ltv and sell that to an investor looking for long term cash flow at closingEither 7 or 8% 30 yr amortized with a 10 year balloonI would create a second mortgage to keep as my profit for whatever balance is needed after down paymentOr occasionally sell the second at a discount at closing as wellThat will effectively cash me out of my money in the deal and create cash flow so I can do it over and overYour thoughts ?

@Lydia T.

Or any BiggerPockets calculators that can be modified for such purposes.Working on a few residential development projects in Hawaii, have done analysis but just want to cross T’s and dot I’s.Thanks for readingAloha

@Lydia T.

Patrick T.

Also the laptop, while at the desk, is direct connected to AT&T gigabit fiber internet service, also lightening fast.

The reasoning being that by keeping these two documents separate it becomes more difficult for a t/b to make a claim for equitable interest should things go down that ugly legal path. 

@Peter T.

@Cliff T.

Hello All -I have scenario and want your experienced suggestion.We own a Condo in Garfield, NJ (Bought 2016) with Payments $2200 (P + I + T + Insu) + $335 HOA = $ 2535/Month.