The biggest problem I see with seller financing is the cost of repairs (as well as holding, selling, etc.)

Amarillo hold em poker room.The other thing to consider is what is the exit strategy. 

Investment Info:Single-family residence buy & hold investment.

No one knows what the future holds but assuming a 7% return over the next 20 years those accounts will grow in total to $2.4M.

What are your goals for holding investments in these markets?

Quick question on those who have done seller financing:- Buying a 0.3 acre downtown fort lauderdale multi family, negotiated an around 1M price w lot of development rights, double lot. seller got it way back early 90s for pennies- got good credit 800+, w2 job etc put 40% down and mortgage bank offered 6.62% 30yr fixed (CF negative as this would make current rent roll not too much compared to the PITI)- property is in ok condition, needs 20-30k repairs which seller OKd, and all 3 tenants are month to month, pay bit under market but also ok- seller would like to do seller financing, interest only at 5.75%, 30yr amortization at 7yr balloon (CF would be positive) - id be paying some principal as well, just to grow some equity- buying this deal for the future development of the area (las olas, kushner broward crossing) so not really worried even if we overpay for it now, but never done creative finance as i always relied on a strong W2 job to get good loans but obv im used to 3% 30yr rates from covid times not this 6+ environment..Goal is to hold the property 3-5yrs, and then actually develop it or sell half the land / refinance, pull out HELOC if it appreciates.Questions:1) What does he know that i dont? 

If you're cash buy and hold, then maybe you just leave it and work around it with uneven floors. 

If you drop the PM and hold this property consider it a fresh start. 

I wouldn't have any interest in buying something like this to hold since it would be so far negative cash flow wise on a monthly basis.

You need to keep in mind that this should be a long term hold at least to a point when you wanna convert back to CAD that you are not losing on conversionWhen i started in 2012 it was like 1.05-1.07