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Updated over 8 years ago,
Seller Financing Deals
Hi all,
For my second deal, I would like to do a seller financing type situation. The reason is mainly around my down payment, I don't have enough saved up for Fannie/Freddie standards. How do you guys go about doing a seller financing acquisition? I know I would run the numbers to ensure it makes sense just like any deal but how do you guys go about proposing the seller financing to the seller? is there a special website for people open to seller financing listing their assets? do you find a deal and then just propose it to the seller and see if they bite? is seller financing only good to other investors selling an asset or do people just selling their primary residence do them as well? Any advice to get me on to my next property is greatly appreciated.
Thanks,
Matt