Essential concepts for Seller financing comprise of an initial payment, interest percentage, loan duration, monthly installments, security, and early repayment charges.

Hi Everyone,Anyone here have experienced the rental markets in San Tan Valley area. I have House currently listed for Rent at $1,799.Looking to see how long homes stay on the market.

An estoppel just explains and clarifies the existing lease in place - lease terms, duration, and making sure the tenant is current with rent!

We also will pay 13% per annum paid monthly for the duration of the project.

Between 5 and 10 years it will depend on various things and sometimes will be good and other times not (but 2012 to 2022 most RE investments in this duration would have performed well).  

Then, be very careful with search radius and look back duration.

Instead of staying in a motel for the duration of the work, they choose to stay in one of my furnished houses.  99% of my renters are guys. 

Tenants in B+ to A- class neighborhoods tend to stay for longer durations compared to those in C class neighborhoods.

It's not just about agreeing on the numbers, you also have to figure out things like: - Financing terms (what rate, duration, amortization schedule)- Balloon payments (sellers typically will require 5yr balloon payment, expectation is you would refinance into conventional financing before then)- Renewal options on above (sometimes sellers can provide another 5 year option to keep seller financing amortization schedule, they can charge a premium for this etc.) - And much more. 

Then in any good property management software with accounting, you simply create the monthly invoice (for servicing the debt) and then mark that invoice as recurring for the duration of the loan.