This entry treats seller financing as a capital strategy, viewing the seller-held note as a financial asset to be created, held, or sold.
Log in to followI'm getting ready to put money to work on this side rather than owning buildings, and there's a fork in the road I can't reason my way past. One school says the borrower is the lo…
Simple numbers so anyone new can follow. Sale at $240,000, buyer puts $40,000 down, I carry $200,000 at 8.5 percent, amortized over 30 years with a balloon at year seven. Payment…
For anyone who hasn't run into this yet, when you finance a sale yourself there are two common shapes and they are not the same asset. First shape. You deed the property to the bu…
The prepayment section on a note I'm drafting reads that the borrower may prepay in whole or in part at any time without penalty. That single line hands the duration of the asset…
Sold a small duplex last spring and carried $148,000 of the price. Since June the payments have landed in my personal account by transfer, and I track them in a spreadsheet with c…
I'm about to carry on a 1970s three bedroom in a decent second-ring suburb, priced at 400k. Buyer is self-employed, two years of returns that no bank will read charitably, and he…
I've read maybe a dozen threads here where someone sells a house, carries the financing, and then talks about the note like it's a thing sitting in a drawer with a price on it. I…