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Updated almost 6 years ago,
Owner Financing for commercial property
Hello All,
We have a commercial property that is up for sale. We got an offer on it, but they want to know if it can be owner financed. Can anyone tell me what kind of interest rates are normal for owner financing, especially now since the interest rates have gone up? Also, If I agree to owner financing, can I do it for a few years (because the interest is high in the first few years) and then sell it off to a bank? Any input is appreciated.