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Updated about 4 years ago,

Toby Jurging's profile image
Toby Jurging's profile image
Toby Jurging
Pro Member
  • from Kent, Ohio
  • Member since Apr 25, 2019
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User Stats

43
Posts
9
Votes
Toby Jurging's profile image
Toby Jurging's profile image
Toby Jurging
Pro Member
  • from Kent, Ohio
  • Member since Apr 25, 2019
Connect
Toby Jurging
Pro Member
  • Kent, OH
9
Votes |
43
Posts
Creative Real Estate Financing

CCreative Financing Question

Toby Jurging
Pro Member
  • Kent, OH
Posted

I am looking at creative financing options for a seller.  They own the property free and clear.  I have proposed doing a seller finance for x terms.  As I look to provide the seller with multiple options, one that I am interested in knowing more about is SELLER CARRIES DOWNPAYMENT.

Does anyone have experience with type of deal?  Banks / Lenders, how do they deal with it?  Any advice is appreciated, thank you!

For context..

List Price: 109K

ARV: 135-45

Exit Strategy: SFH Rental at 1100-1250/month

  • Toby Jurging
  • [email protected]
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