Creative Real Estate Financing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 10 years ago,
Negotiating the price on seller financing?
Hi, I've been in contact with a couple of sellers who are willing to do seller financing or a lease option.
While they seem fairly flexible to the terms of the seller financing, when I get to the point of negotiating the actual price, they aren't willing to budge.
Am I going about this in the wrong sequence? Should I establish the price first and THEN the terms of financing?
I kinda figure that their mindset is, "Hey, I'm doing the buy a favor by carrying the note for a year or two. Why should I compromise on the price?"
Does anyone have any insight on this type of situation and ways to negotiate this more effectively? Thanks!