Seller financing with pm/hm for downpayment?

[Justin B.]

Does anyone buy seller-financed multifamily properties with private or hard money down?

I dont want to blow my wad(150k+), in fact prefer to use opm if I can to purchase as many rentals as possible. How would a deal like that look as far as terms, rates etc?

Any resources on this, not looking for a guru training program, just;

How to structure such a deal so everything cash flows properly.

Also whats a respectable per door profit? Is it possible to cashflow a property supporting the dp and the sellers note and still have profit for yourself?

Whats an appropriate interest rate for hm or pm?

How bout down payment amount?

Or length of loan, or market value?

I am finding a ton of duplexes 17-50k that rent for 550-650 a month...

Thank you BP