Posted by GMann on January 22, 2003 at 24:00:56:
If you want to get a large portion of the money up front then you will have to let the buyer get a first mortgage for the large amount of up front money and then you can offer a 2nd mortgage (seller held) for some or all of the remainding balance.
Lease/option or owner financing - Posted by Van
Posted by Van on January 21, 2003 at 15:42:25:
What is the difference between lease/option and owner financing a property? Also, what is best for the seller?
I would like to get a large amount of money up front when I sell my property and could wait for the rest of the payments. What’s the best way to achieve this?