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Kentucky Installments Fixed Rate Promissory Note Secured by Residential Real Estate Kentucky  Form

Kentucky Installments Fixed Rate Promissory Note Secured by Residential Real Estate Kentucky Form

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put this one document in your file cabinet if you don't want to lose out on seller finance deals anymore I mean if you're a real estate investor you've likely let a few of these get away because you know the seller just wanted too much of a down payment or they wanted a huge balloon payment that was going to be due in the very near future and you just didn't have the money or you didn't want to take the risk I used to do that too I get it until my lawyer beefed up my seller finance note and and one of my favorite additions that she's made it's made me Millions over the last 15 years but she just made it even better and it's the substitution of collateral Clause so this is like having real estate Insurance it allows you to swap out the property that you initially put up as collateral with another property so if the market it takes a big nosedive you can make the switch without breaking a sweat it's like the ultimate

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