Quote from @Hector Espinosa: Hi,I'm negotiating a seller financing deal which may be my first one and would like to ask for some advise about and what are advantages and disadvantages about seller financing deals.These are the seller financing terms:House Price: $330,000.00 USD​ (Sellers still owe ~$301,000 USD)Down Payment: 5% = $16,500 USD​Loan Amount: $313, 500​ (Monthly payments will be amortized as a 30 years loan​)Interest Rate: 4.531%Balloon Loan Term: 5 YearsMonthly Payment (P&I): $1,594.24​Closing Costs:  ~$3300 ​Zip Code: 74105Observations:       * HVAC requires an update but pending to inspection (replacing with a new one will cost ~$10,000 - $15,000 USD )     * Expected Rent Income: $2,000- $2,300 but this is has been really complicated to get a good estimate because is all over the place in the different sites I have checked

They came across too pushy and didn’t get enough detail and when you’re new to something and about to put an abundant amount of money somewhere, you want to feel safe and like you have all the information and I just didn’t with his team.

If your DTI is already high, taking on a higher loan amount might not work.

If you were to buy a similar home, the interest and property taxes alone may amount to that much, which, in my opinion, is a waste of money as well.

Start doing your due diligence.3) Your focus should be more on $$ paid for amount of bedrooms / bathrooms.

Challenges with finding people who want to do a smaller projects and not cost exorbitant amount of money Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Held for 8 years and make a small amount.

Of course if rates go down, you should be good, if they go up, then have them rerun your payment amounts and purchase power so that you're good to go there.#3.

Quote from @Levi Perl: Hi,Curious if anyone has what to say in terms of how to calculate which one is more worth it: to cash out refi on a Long term rental now at 70% LTV, and walk away with X amount of positive cash AFTER paying all debt, (X is a positive number and significant amount for me), which will allow me to potential get another long term rental and grow portfolio faster, or wait 4 months and cash out 80% LTV, giving me DOUBLE than X. 

Experience will dictate the amount of any LOC and rate and term.