Seller Financing - From the Seller Side

[Mo Karim]

Hi all!

I've been getting a ton of investors looking to do creative financing. I wanted to get a seller's perspective on seller financing. It's also something I've been exploring as a seller/owner of multiple properties. Here's are some questions for you, the seller:

-How are you qualifying the buyers? What do you want to see from them financially? Are you using a 3rd party to qualify the buyer?

-What would motivate you to do seller financing?

-How are you setting up the payments? I know title will do a lot of this. 

-How do shore up the risks? Whats your plan when the new owner stops paying?

I think this will shed light on things not talked about much. Also, this will be valuable for both sellers and buyers looking to do seller financing!