How to find my seller-financing bottom line

[Tabb Pitt]

Hey BP friends! I am considering selling my STR SFH (3/2 + 2/1 guesthouse) property and open to seller-financing but I'm hoping one of you experts out there can help me take the right perspective. I owe $600k on a $672k value STR (house hack 1 yr owned). Regular financing is still an option but if any of you have some thoughts on what terms make sense, I'd love to hear them. Thanks in advance!

[Chris Seveney]

@Tabb Pitt

You should get atleast 25% down and charge atleast 9% interest as you can get 9% all day long private lending

This will essentially kill the deal for any qualified borrower so you will end up with non qualified borrowers who most likely will default in 3 years

Just sell it traditional method