Seller Financing Pros and Cons

[Hunter Reed]

Hello BP, my name is Hunter Reed I am a rookie Investor. I am currently reading "Investing in real estate with no and low money down" by Brandon Turner. I have discovered seller financing and the creativity behind the concept to fund an investment property. I'm looking to get skin in the game asap while I wait on getting pre-approved. My question to the BP community is what are some Pros and Cons of utilizing seller finance? Maybe some of you have used this method in the past. Did the concept pay off or was it a failure? I am also aware of the due-on-sale-clause as well as potential higher interest rates. Any feedback would be greatly appreciated. Thank You.

Sincerely,

Hunter Reed

[Chris Davidson]

@Hunter Reed seller finance and creative financing are great tools to make deals happen, however you still have to have a good deal, and buy it right. Balloons are popular with seller finance so make sure you have enough run way to get the property operating smoothly and enough equity to refi or sell when the balloon hits. low money down is a great way to scale but you have to keep a good handle on your finances other wise you can scale your problems.