[Insert bit of personalization about who I am, my family, and build trust, essentially humanizing the note].I understand that selling a property can be a significant decision, and may not be one you are considering, but if you are, I want to assure you that I approach this with respect and am eager to explore the possibility of finding something agreeable for the both of us.Here are a few reasons why seller financing (you not the bank) could be beneficial for you:- Steady Income: Seller financing offers you a reliable source of income, providing monthly payments without the hassle of managing the property directly.- Flexible Terms: We can discuss flexible payments that suit your needs, allowing you to customize the agreement according to your preferences.- Avoiding Hefty Tax Burdens: By spreading out the sale over time, you may mitigate the impact of capital gains taxes, making seller financing a tax-efficient option.- Legacy Planning: If you're concerned about leaving a lump sum to your heirs, seller financing allows you to pass on your wealth gradually, ensuring financial stability for your loved ones.- Minimal Hassle: Seller financing eliminates the need for bank involvement, reducing paperwork and streamlining the sales process.- Assured Sale: Choosing seller financing may attract a broader pool of potential buyers, beyond myself, increasing the likelihood of a successful sale.I believe that by working together, we can find a solution that benefits both of us.

You are correct, Id like to reuse equity as much as possible.

But for development/new construction, I would personally expect the returns to be closer to the 30%/yr range (and these deals do still exist, just fewer and further between).

Provided obtaining a mortgage is at all possible in my case, what would that actually look like?

I’ve got some good contracts that I use and try to get the property under contract as soon as possible.

Many of my clients have a goal to obtain a beach house in Florida as an investment or second home and only want STR because they want to use it occasionally or possibly move into at retirement age, etc.2.

I need the monthly payment as low as possible to get into another next year.

I'm not saying don't do it, but I would rather get half of my money and move on.If you do indeed get a judgment against them, you could possibly garnish their wages and/or have the judgment recorded so that they have it on their credit.

I think you would get a better response by indicating details of what you are looking at and people can indicate which neighborhood of jacksonville fits your criteria.What price range are you looking at?

I know this is the millionth post about LLCs. I've talked to two investors in California and they said if a property is in an LLC, your heirs (my kids) would lose the step up basis. For example: if I bought a house in...