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Updated about 7 years ago,

User Stats

166
Posts
46
Votes
John S Lewis
Pro Member
  • Jackson, NJ
46
Votes |
166
Posts

Any tools to show benefits of seller financing?

John S Lewis
Pro Member
  • Jackson, NJ
Posted

So I want to bid for a 2 family, but I don't have a lot for a down payment.  The numbers on the rental tool here at BP are great if I can offer 5% down, with a purchase price of 23% less than the offer.  Are there any tools here on BP or elsewhere that will lay out the financing from the sellers side?  In other words, beside using a run of the mill amortization calculator, what other tools can I use to get the seller to go for my offer?

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