What to know when asking for seller financing

[Farrukh Amini]

I would like to ask the seller to do seller financing on a SFR or MFR. What important things should I know and take into account before going this route?

Would greatly appreciate any tips from people who have done seller financing. 

Thank you. 

[Jack V. Ospina]

@Farrukh Amini Think about what or how this type of deal would benefit the seller and try to make it convincing in explaining this. Are you offering to pay a higher interest rate for this type of arrangement, Are you coming in with a substantial amount of down payment? As a buyer what are you brining to the table to have the seller finance you? Good luck!