Financing a Wedding Venue

[Taylor Ohlrich]

Hi all,

First time poster and newbie to real estate. I have been eyeing a wedding venue for sale - venue plus a guest house on 6 acres. I would take an active role in the day-to-day operations.

I want to bounce my thoughts of financing off people.

How does one respectfully approach the seller about seller financing? Listed at 2M, I could comfortably put down 10%. What are common terms for seller financing?

And what about DSCR mortgages?

Would greatly appreciate any and all thoughts and opinions.