There’s numbers on a piece of paper that put seller financing in a great light.And then there’s the reality of seller financing being a bet on the buyer managing and maintaining a property well for years or decades while you still have skin in the game.And a bet that the value doesn’t decline by more than the balance of the debt.And a bet that the higher “price” received because of seller financing doesn’t come with opportunity cost in the form of being able to spend or invest the liquidity day 1.And the fact that buyers with seller financing always want better terms than a bank would give them, which is real economics that sellers are far less equipped than banks to estimate risk/reward on.Seller financing is relatively rare.

I really see Columbus Ohio as an extremely safe bet for the next 10-20 years.

I had to do that last month with another property that they were managing poorly   :-(  Good start but get prepared for more fun my bet is on the bailout.  

I am not sure what area you are in, but if it is a popular area there is likely stiff competition. 

Typically you need 30% down, expect a minimum of 3 points, loan amount greater than $100k and the term is typically amortized over 20 years.One Time Close Construction Loans: These are becoming more popular, but can absolutely be a pain in the butt.

I believe that Zillow is your best bet.

I would also bet that the late fee is wrong there as well as we now have the most asinine rule in the state for late fees.The laws are changing increasingly fast so I worry about the ability of BiggerPockets to keep up with all the legislative changes that are going into affect and how it affects the lease!

I really see Columbus Ohio as an extremely safe bet for the next 10-20 years.

Creative financing usually becomes popular when either 1) interest rates rise or 2) the credit market freezes.So seller financing became really popular in the 70s and early 80s because interest rates had skyrocketed.

I bet the folks that are financially free via REI will often have a different outlook on this subject from those that are depending on a job and are just collecting real estate.