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Thread: Family / Seller Financing...New Tool

  1. #1
    Join Date
    Jan 2008
    Location
    NY & CT Real Estate
    Posts
    1,490

    Default Family / Seller Financing...New Tool

    Hey All,

    I just came across this and wanted to share it. This is the perfect tool for Seller Financing, A Seller Second or Family Financing or a Family Second. Even works for Personal and Business Loans.

    Virgin now offer a tool for Social Financing (money lending between friends...no bank involved). They structure the deal and service the loan. Money and Interest stays within the family, out of the bank.

    Check It Out: http://www.virginmoneyus.com/RealEst...5/Default.aspx
    Larry Jensen, Principal Broker
    St. Lawrence Properties, llc
    Ph. (888) SLP-NYCT (888-757-6928)
    www.SLPNYCT.com
    New York & Connecticut Real Estate & Property Management
    My Blog: St. Lawrence Properties Blog
    When in Doubt Check it out: REALTORS Code of Ethics

  2. #2
    Join Date
    Mar 2009
    Posts
    424

    Default Re: Family / Seller Financing...New Tool

    I think it's a great idea for them to get into the finance market. Why not they're have diversified over the years into a lot of other businesses and seem to have done well. There's a big need for this type of financing now, so the timing could not be better.

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