How to offer on owner financing

[Michael Junior]

When owner financing is an option do you typically pay more or less then traditional financing?

Example-

I’m looking at 28 unit building.

Offered at 2.2 mil

In the listing is shows the owner is willing to carry the note.

And I don’t believe it’s worth that.. I’d like to offer 1.9 owner carries the note at 7%.

Give me some insight ! Thanks