Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago on . Most recent reply

User Stats

11
Posts
4
Votes
Nicole White
  • Rental Property Investor
  • Dallas, TX
4
Votes |
11
Posts

Seller financing for Older Couple

Nicole White
  • Rental Property Investor
  • Dallas, TX
Posted

I found a deal with an older couple that owns several rental properties. They are looking to sell all properties as they become vacant. They are ready to sell the first available property however they do not want to use seller financing because of their age. 

What are some seller financing options I can present to close this deal that would benefit both myself and the seller. 

The seller is asking $125K for the property. House needs about $5,000 in repairs. I have the cash to purchase the property without financing but I would like to go the seller financing route. 

Most Popular Reply

User Stats

77
Posts
34
Votes
Lee Judd
  • Lender
  • Logan, NM
34
Votes |
77
Posts
Lee Judd
  • Lender
  • Logan, NM
Replied

@Nicole White I have used the two option strategy a couple time and it has worked well. Give them the specific prices and terms you will give them if the owner finance and then a cash offer. My last seller went with the cash offer even though it was $25k less than the owner finance offer of $150k.

Loading replies...