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Seller Finance

b3531 profile photo
  • Thursday, February 12, 2004 @ 08:47 PM EST
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If hold back 5% for a second mortgage so I can have a cash flow, how do they make the payments? Do they send it to me as a seperate payment or does that get added into the 1st mortgage? :-S Bill
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  • hibby76
    hibby7612th February, 2004
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    They'll pay you directly unless you set up a loan servicing company to handle it.

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