New investor need help with seller financing.

[Bo Badalich]

I am a new investor in the minnesota market and plan to invest in sm multi family and student rentals. i haven't done a deal but I have spent the last six months listening to every BP podcast that I can (5-6 per day since i listen at work) and listening to any audiobooks they recommend. So I am plenty confident now to dive into investing. I am having issues getting pre-approved through a bank as I only have one year W2 job history and two years self employment history, even though I have 660 credit 10K saved and we'll make around 70 K this year all income combined. With that being said I've decided to look into seller financing. Do most sellers have a similar criteria they are looking for? are percentage rates relatively the same? And are there any major concerns I should concider so I don't screw myself over?