I want to buy a duplex using seller financing

[Jeremy Christensen]

Hello, I am new to this and want to buy a duplex using seller financing. What do the terms of this usually look like, what would a good structure look like and how much down payment could I expect? Thank you.

[Karl McGarvey]

This is completely between you and the seller. I have seen literally everything in terms of terms for OF deals. Most recently we bought a condo at 25% down and 5% interest which we negotiated because we knew the sellers needed cash to buy into another property and the overall interest rate and loan length meant nothing to them. Find out what the seller's motivation is.