Tips on Seller Financing

[Jordan Richter]

Hi everyone,

I am an out of state investor and I plan on investing in multifamily in Ohio (Dayton, Cincinnatti, Columbus) here in the next 6 months. A type of strategy that I've been intrigued with and have been studying quite a bit is creative financing, more specifically seller financing. I have enough capital to afford 20% down on a 150k property but one of my RE goals is to make my capital "stretch", meaning find creative ways to put less down so I can generate more monthly cashflow. If anyone wants to share any tips on how to get started, pros, cons, and/or things they would do differently etc. please feel free to share. Thank you!