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Updated almost 3 years ago on . Most recent reply

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7
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2
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Gabbie Decu
2
Votes |
7
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Seller Financing with 2 agents involved

Gabbie Decu
Posted

Good morning to you all! 
I would really appreciate your thoughts on structuring a Seller Financing offer with 2 agents in the middle. 
The seller has owned this property for 23 years  (free and clear now !)

Asking price for this triplex is 800K .

All 3 units with rentals - expiring Feb 2023, June and August. 

What would be the best approach to start the negotiations? 

Thank you for all those who will take a moment to share their input. 

Most Popular Reply

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270
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131
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William Sing
  • Real Estate Agent
  • Portland, OR
131
Votes |
270
Posts
William Sing
  • Real Estate Agent
  • Portland, OR
Replied

For the interest usually it is around the current rate banks are providing. If you can get it lower, that would be great but would make sure that it is a fixed rate since interest rates will most likely be at least in the mid 4's. 

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