seller financing agreement. California, gas station
The deal is to offer both property and business. I would like to structure it as an interest only deal with full balance due at maybe year 4-5. Where would you recommend getting a form? Online, lawyer or a loan broker?
Thanks
[{"id": "j1hpi9l", "text": "I would probably start with an attorney who handles commercial real estate.", "replies": [], "depth": 1}, {"id": "j1i092f", "text": "Attorney", "replies": [], "depth": 1}, {"id": "j1i10jg", "text": "I would reach out to a hard money lender that structures these deals. Find out what they would charge in points, to the borrower, to do the loan doc and all the required paperwork for you.  They could also set you up with a loan servicing company, who tend to charge a reasonable fee to process the borrowers loan payments and issue both 1099s each year.", "replies": [], "depth": 1}, {"id": "j1ix4gj", "text": "A financing deal worth multiple millions of dollars?  Yea - just someone online form should do the trick.", "replies": [], "depth": 1}, {"id": "j1j54gc", "text": "I sell these all the time. My commercial escrow team does the seller carry paperwork for me for free. If you want representation to make sure it\u2019s a clean deal for you and the financing paperwork done right PM me.", "replies": [], "depth": 1}]