Anything higher than that has some speculation element in it.

Buyers get spooked easily, plus every year the process gets more complicated with financing, appraisal and inspection issues (which can vary from lender to lender) that could be easily overcome threatening to crash deals without someone experienced in there herding all the "cats" (lol- elements) in the deal to a successful close of escrow.Also most of those comps you are seeing-maybe even all of them- have had a commission and some fees paid by the seller, and the appraisors are aware of that.I hope your home sale goes smoothly.

Hey @Ryan Brown - in this instance, I think you should turn up the heat in terms of what the tenant is allowed and not allowed to do. 

Jack - Elements of seller financing that I think would be interesting to call out/explain are:- Payment structure (length and rate) to seller.- Tax Benefits of receiving installments instead of a lump sum payment.- Legal Options for the seller if the buyer does not make payments.- Visual/Explanation of how the loan looks on the HUD-1 at closing.Good Luck!

The only element I'd reconsider is the 5-year pre-payment penalty.

@Anthony Vander Meer Does the rent include electricity, heat or hot water?

@Karolina Powell I’m a huge fan for tenants paying their own heating.

In light of the one ethnicity element, i sincerely advise that wherever and whoever it is, without question, know the community you are serving and understand how to establish and maintain a level of mutual respect.

That can get a little heated depending on the bank/lender.

For example with heat, the fuel (electric, oil, natural gas, etc) all cost differently.