
Creative Seller Financing Secrets with Terry Hale
Money Tree Investing
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Non Recours Structure - How Does It Work?
When we structure this instrument called a celler finance, non recourse seller finance note. There's a few pieces that go along with it. If there's existing debt that's on the actual property itself, that obviously is called senior debt in first position,. That stays in play, so the loan stays in the seller's name. It works wonders because now the seller has an opportunity to sell.
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