Seller Financing-New investor

[Chris Srncik]

My wife and I want to purchase our first rental property, we just want to get some other opinions on a seller financing deal. We are read/reading Brandon Turners books on buying rentals and an option is to seller finance to get into something. I am a Realtor, so I spoke with my Broker, and he wasn't too hot on the idea. We do not think we can qualify for a second mortgage on a conventional loan at this moment, but we could put down about 10-15%. We are committed and we know that is the first step, but the second step to get a deal is making our head spin. 

Just asking for thoughts and opinions on a seller finance deal for a rental.

Thanks, Chris