​Pros & Cons of Owner/Seller financing?

[Quandra Adams]

Pros & Cons of Owner/Seller financing? I have already been pre-approved, have about 12K saved and have found a good number of properties but I do not want to kickout 7K+ for a multifamily (this is usually how my numbers look due to an FHA loan with money down plus the 4.5 interest). Would I get a better deal for these same properties with owner financing? A little rehab is not an option when going this route, is it? I ask, because I will most likely be living in one of the units as well and would want the place livable for me.