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Updated over 9 years ago,
Owner financing with large down payment
I have a buyer that is wants to put down 250k on a 300k sales price and owner finance the remaining 50k over a 10 year period. Negotiations are in process and it appears the deal will most likely happen. My question/advice I am asking for is would the best way to do this deal be a traditional owner financing with the 250k being the down payment? Or if anyone has other creative contract ideas I am all ears. Thanks