:help What are the steps and types of forms for these deals? Let’s say I got a seller to agree to an owner finance deal. I don’t want to buy it and keep it. I just want to assign it for a profit. I want to tie the property up find an End Buyer. What forms should I use and when. (FYI) I have a lot of forms just don’t know which ones to use for which transaction. Hope this make sense… :biggrin
You need a great contract first and foremost. One that deals with seller financing and subject to financing… The terms are the most important…
Then learn what the terms mean… Things like subordinated clauses, exchangeable collateral, discounted notes, prepayment penalties, right to sell, etc.
Then learn that with seller financing you don’t need to assign it…Just sell it…
Good Luck