Seller financing 101

[Francesco Barbati]

Hello everybody!

I am interested in buying 2 properties, both FSBO and I'd most definitely need to use seller financing for one of them if not both. Both property are townhouses in community with HOW fee. My questions are:

1) How do I propose a seller financing option in a attractive way for the seller?

2) How do I structure the deal/contract?

3) What do I need in order to make sure everything goes smoothly? Lawyer for the contract, title company, what else?

4) Should I use a realtor for helping me out, since it is the first time I'd be buying an house?

5) Anything you guys learnt from past experience that I should or should not do?Any advice or hack I should know about?

Thanks in advance!