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Updated almost 4 years ago on . Most recent reply
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Jonathan DempseyPoster
Agent
Property Manager
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- Rental Property Investor
- Pocono Pines, PA
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Creative Seller Financing
I would love to hear about how members of the group have successfully made different seller financing deals work. I particularly work in the short term space and have made an offer to a seller with pretty simple payment terms. However, the seller knowing my specialty, countered asking me for a proposal with more upside for the seller or to do a rental arbitrage.
My initial offer was a 5% upfront cash payment, 15 year repayment plan at 4% interest and attempt to refinance within 7 years to repay the seller in full and secure more traditional financing.
Would love to hear any past ideas or creative suggestions! Cheers everyone!
- Jonathan Dempsey
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