Seller financing with mailers

[Jonathan Orr]

I have started doing some mailers and I was talking with a friend who is working with a guy who is doing a lot of seller financing commercial deals.  It sounds very interesting, however I am looking to those that have done a lot of seller financing deals (no money down) to see how they structure it.

I know how seller financing works, however I want to know how you typically see the most success in deal structures. Do you find more success in getting a 1st then having the owner carry a 2nd?  OR would it be easier to try and have the existing 1st transferred over and the owner carry the remaining portion? any pros or cons would help

If there is any other ways you have done a seller finance deal, please let me know!