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 almost 4 years ago on . Most recent reply

User Stats

10
Posts
7
Votes
Daniel Tsang
  • New to Real Estate
  • Coralville, IA
7
Votes |
10
Posts

Advantages of seller financing if I can have conventional loan?

Daniel Tsang
  • New to Real Estate
  • Coralville, IA
Posted

Is there any advantages for the buyer (me) to get seller financing if I can get conventional loan?

I have a w2 job, excellent credit and 25% down payment to get a conventional loan. The seller is going to do 1031 exchange and going to put that in as contingency. I am thinking if I can solve their problem with seller financing to spread out the capital gain over time, plus the advantages of earning interest. The only advantage I can think of for myself will be I can buy the property sooner and start getting positive cashflow.

Which financing should I use?

Daniel

  • Daniel Tsang
  • Loading replies...