need help pitching and structuring a seller financed deal
whats up BPer's happy 4th of july!! So im a buy and hold investor from philadelphia. I primarily invest in lower income sec 8 row homes and I have used the BRRR(buy,rehab,refi,repeat) method so far with the help of a small bank. I would like to add seller financing to my tool belt. My question is what does a seller finance deal look like? I know there is probably a ton of different deals you can do so i guess im looking for what different strategies are BP members having success with. Also what if the seller wants to be paid off in 3yrs how would you structure that?thoughts on down payments?how to pitch seller financing to a seller that knows nothing about seller financing? All i know about the subject is what i've listened to on the podcast but i would love to hear a dumbed down anatomy of a seller financed deal because im a big dummy..lol!!