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Updated about 4 years ago,

User Stats

53
Posts
7
Votes
Marcelo Ricarte
  • Investor
  • Fort Lauderdale, FL
7
Votes |
53
Posts

Need advise on structuring a seller financing deal

Marcelo Ricarte
  • Investor
  • Fort Lauderdale, FL
Posted

Hello BP Family, my wife and I got a possible deal financed by the seller. We have no knowledge on how to structure a deal like this so we need your help!

Some info: Seller is getting rid of some properties and we want to acquire two of them.

Asking price $245k each. Two duplexes. Roofs 10 years old. Overall they look decent from outside (maintained) in a B- area. Tomorrow we'll do a walk through to see the inside.

Is there a standard approach in this cases?

Any advise will be greatly appreciated.

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