Seller Financing- what happens next

[Rylan Kean]

I have read a lot about seller financing and the tons of options you could use on an offer, but my question is what happens after. Let's say I put an offer for 15 or 30 years with no balloon payment, but the seller decides they want to sell the note at any point. What does that mean in regards to getting qualified for future traditional loans, I assume now it is in a traditional bank my dept to income ration will be affected. Obviously one of the advantage to seller financing is doing more with less cash. 

Right now I am looking at a Craigslist house that is a rehab and owned outright, so seller financing seems to be the only creative financing that would really offer the seller any benefit. Options don't seem to make sense if they own the property. Am I wrong?