Seller Financing a Property with a Mortgage
Bill Fairman from Carolina Hard Money talks with Larry about how you can do seller financing on a property that already has a mortgage. What do you need to look at to offer seller financing? Why does the borrower need the “ability to pay”? Does the borrower have the ability/funds to complete the closing? And most importantly, is the borrower willing to make the mortgage payment? Why is the character of your buyer so Read More