Where do I start???

[bobby]

I own an unencumbered property in a rural town. The tenant would like to purchase the property, however, is unable to obtain conventional finance. I would like to offer vendor finance to them, and what is involved. Could someone give me any suggestions on where I start

thanks


Bobby

 

[Aceyducey]

Bobby,

Start by contacting the Vendor Finance Association (I don't have their web address to hand, but they've been mentioned in the forum many times).

They can provide you with more information about how you conduct a wrap & put you in touch with people who can put appropriate contracts together.

Cheers,

Aceyducey

 

[geoffw]

Start by contacting the Vendor Finance Association (I don't have their web address to hand, but they've been mentioned in the forum many times).

I can't find a website either- but a PM to Michael Gruber should provide some info.

(or is it the Vendor Finance {Wraps) Association?
Other sites
http://www.propertyinvesting.com/strategies/wraps.html
www.rickotton.com

 

[bobby]

Thanks

GeoffW, Acyducey.

Thanks. Sorry for the delay, it's an age thing

Bobby