Seller financing deals

[Theo Seng]

I've recently been looking into seller financing a little bit more. Although it seems like an option worth exploring, I don't see any deals that seem reasonable. All of the sellers willing to finance seem to be looking for around 5 year terms with interest rates above 5%. Although in the long term I could see a good payout it seems you would have to have years of negative cash flow. If anyone on here has had success in these deals, please help me understand how these deals are feasible without digging yourself in a temporary hole. 

[Preston Dean]

HI @Theo Seng

One of the main reasons someone would be looking to seller financing is if they cannot qualify for a general conventional/FHA loan & they want to get into a house. Yes, generally seller financed deals will have less benefit for you as the buyer and more benefit for the seller. If you are getting into RE investing I would suggest looking to getting approved for a general loan instead of a seller financed deal