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Updated about 2 years ago,
Buying a lot that offers seller financing
Hi BP-
I am interested in buying a lot to build a rental property on. The seller is doing a 1031 exchange with this sale, but the listing also discloses that they are interested in seller financing. I am not super familiar with the benefits (to the buyer) of seller financing. I am working with a bank to secure funds on this purchase, but should I also consider doing seller financing?
Thanks
Devon