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Updated over 7 years ago,
Advice on structuring seller financed offers
I am in the process of working out some offers for multiple properties that will come with owner/seller finance.
I have never done a deal with seller financing before and I was hoping to get some advice from others who have done it on how I should be presenting these offers.
I have read that it is best to give the seller 2 or 3 offers with different terms? the main things I am looking for are as little money down as possible and as long a term as possible.
Also, Can I still expect to negotiate the price down with this kind of deal or does the fact that I am using owner financing mean the seller will probably expect me to pay listing price?
Any types of tips or advice on how I should begin the negotiation process with the sellers on this would be greatly appreciated.
Thanks so much.
David