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Updated almost 5 years ago on . Most recent reply

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17
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3
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Scott Raynor
  • Rental Property Investor
  • Central New York
3
Votes |
17
Posts

How do I approach someone about seller financing ?

Scott Raynor
  • Rental Property Investor
  • Central New York
Posted

The owner of my mother’s condo has expressed interest in selling to my sister and I. It’s in a vacation area on the east end of Long Island and I believe we can use it as a short term rental.

He has no mortgage on the property and I am closing on my first investment property this Thursday so I’m thinking seller financing is the way to go.

I’m looking for advice on how to structure a deal with the owner that will be appealing to him and a win for me.

Are there certain things I should consider when approaching the owner?

Most Popular Reply

User Stats

171
Posts
138
Votes
Melba Chambers
  • Rental Property Investor
  • Norwalk, CT
138
Votes |
171
Posts
Melba Chambers
  • Rental Property Investor
  • Norwalk, CT
Replied

Hi @Zach Westerfield would you mind sharing your flyer with me...I am interested in going this direction.

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