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Updated 10 months ago on . Most recent reply

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Michelle Ch
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4
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What to include in letter: driving for dollars > seller financing

Michelle Ch
Posted

We're hoping to do seller financing when we buy our first rental investment property, so I'll be hand-writing letters to long-time owners of rental properties (mostly single family or small multi-family).

Is it to our advantage to mention that we're just a regular couple, not a company?

What about including that it's our first home purchase? Not sure if this tugs at heart strings or would just worry someone that we're inexperienced.

My sense is that people don't necessarily understand what seller financing is, so should I write about what that means and the benefits they might not have considered?

Thanks for any feedback!

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