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Updated almost 6 years ago on . Most recent reply
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Seller Financing Deal
I Have Great News. I Don't Qualify For A Traditional Mortgage Loan. So Everyone A New Listing Goes Up I Contact The Buyer To See If They'll Consider Seller Financing. I Offer The Following:
$10k Down
Payments Between $450-$550/mon For 10yrs
Balloon Payment At End.
All Said "No". BUT This Morning I Woke Up To A Text Message From An Agent Who Says The Owner Will Consider! Fingers Crossed 🤞🏽
Most Popular Reply
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- Rental Property Investor
- Erie, pa
- 9,407
- Votes |
- 6,023
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@Sheila Campbell
Seller financing can work great but the conditions have to be right and the person has to be motivated .
I have found tons of these deals online but when we sit down and hash things out . the sellers terms are often ridiculous and can’t be negotiated. My point is Getting someone to agree to seller financing is only half the battle . The devil is in the details