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Updated over 8 years ago,
Making a Case for Seller Financing
What's been your experience with this? If the owner doesn't necessarily need to cash out from the sale, are they typically willing to carry the note?
I talked with a guy that wanted to sell two triplexes, and I brought up the idea of him carrying the note, and he seemed interested. Just wanted to hear from others about what works and what doesn't seem to work.
Obviously, it has something to do with the size of the deal, too. A 6 unit deal vs. a 300 unit deal is apples/oranges. I'm looking for 10-20 units. This may be "small enough" for someone to be willing to carry for 5 years, until I refinance out...?