Seller Financing Strategy

[Brunno Goncalves]

Looking into doing seller financing and had some questions. 

What is a typical accepted loan time with seller financing? I know it may vary but looking for an average.

Once you do that, is it me that arranges the property insurance, and the insurance would be under my name?

I have heard that sellers have different motives for doing this, monthly payment, down payment, interest. In your experience, which one have been requested more often?

Thank You in advance for the help.