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Massachusetts Real Estate Q&A Discussion Forum
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Updated over 7 years ago on . Most recent reply

User Stats

122
Posts
23
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Dolores Waldron
  • Medford, MA
23
Votes |
122
Posts

Any suggestions for some creative seller financing?

Dolores Waldron
  • Medford, MA
Posted

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

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