Seller Finance or Commercial Loan for Multi-family right now?

[Michael Hyun]

I'm looking to buy a multifamily this year but I am trying to decide what financing to go for.

One of the most important criteria for me is that I can purchase something with 15% down or less.

If I target seller-financed properties, I imagine that I'd be dealing with a seller with plenty of equity and maybe is a bit tired of being a landlord.

The problem is that these sellers are NOT DISTRESSED. 

Everywhere on the news, people are talking about multifamily distressed owners. But if I'm targeting seller-financed sellers, I'm not really targeting distressed sellers.

For example: I came across a seller finance deal for a 1.1M 6-unit MF property, but the owner wanted 100k over what I thought was the market value. 

Does it make sense to pay a premium for cheap interest rates with seller financing, or would it just be better to put 25% and forget about my 15% criteria and just go for distressed sellers and just get a commercial loan. 

What is your thoughts on this?