I have an opportunity to purchase a mixed use property that seller is open to using partial seller finance.

Hey gang, has anyone used this strategy as of late? I'm thinking I can get a nice purchase price if I under cut the banks by 1% and offer 15% required down as opposed to the traditional 20%. The cash flow is a bit sub...

So it could take a decade to get to todays market rent. 2) it’s almost impossible if not impossible to non-renew a tenant, especially if you’re not an owner occupant. 3) As a seller, even if I could remove paying tenants I never would without a non-refundable payment from a potential buyer that covers all vacancies for 6 months if they fail to complete the purchase. 4) You MIGHT say as a buyer that’s worth it.

Here’s how: Go Direct to Sellers – The best deals aren’t on the MLS.

The seller showed a letter from the previous Building inspector stating that there are no coding violations and that all the 6 units have certificates of occupancy.

If you do a good job and make the private lender happy they will want to do this again.Then there's seller financing which you see a lot with businesses, and commercial property.

As a license agen, you will have a fiduciary responsibility to tell sellers what their property is actually worth. 

Quote from @Katie Camargo: Looking for advice as I am a relatively new investor: I found a house with positive LTR cash flow projections and negotiated the seller to under-asking ($340k).

Legal Structure – Would this be structured as a leaseback or seller financing with safeguards?

Regarding the BRRR strategy, that is the way I have scaled my portfolio but I also built a direct to seller business which allows me to make offers on property using the following guidelines.