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

If I sold this, or bought that could I do this or that, and what would I owe. 

I suspect I will throw more money at a problem Airbnb has no interest in covering

I didn't have any money to invest at the time, and now I have a little saved away to start my real estate journey.

It is surreal to look back and see how far I have come with my "Bigger Pockets degree" I owe a lot to this community.  

Take the money you would be spending on filing and additional costs and put it toward an umbrella policy.

Invest the money you make, but keep it passive for now. 

Too much to lose besides money 

Any such study is tainted by the fact that Zillow lost an enormous amount of money on their own home buying initiative.

Hard money loan Lessons learned?