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Updated over 7 years ago,
Any suggestions for some creative seller financing?
Good Afternoon,
I have a seller who is interested in selling his two family home, 750K with each unit rented at 2,300. I'm familiar with this area, he's a little high with asking price so don't feel this is the price I would pay - more like 650K, it's no steal of a deal, more like market price for buy and hold for future gain with a little cash flow now, we like the area very much and know it's a great rental market, the seller is interested in doing seller financing and for us the no's work with 10% down - can any of you share how this could this be structured with seller financing? I'm not very familiar with creative strategies, I would love to hear some ideas of what could be done.
Thanks so much for any input.
Dolores