Seller-finance 50% down payment?

[Briana Cialkowski]

Need advice. I’m considering putting an offer in on a triplex listed for $220k. Current rents are a bit below market, $2475 total, 3bd 2ba, 2bd 1ba and 1bd 1ba. I was thinking possibly doing $200k, 20% down and seller finance 50% of down payment at 7-8% over 5 years. The numbers I’m running show that it will still cash flow around $150/mo. If I raise the rents for example $25 each, cash flow is now $327/mo. I’m playing the long game so cash flow is not a huge deal in the near future. Is this a little crazy? Offers are due Sunday so I’m wondering if this is an attractive offer or just crazy lol. Thanks!