It might be better to buy with your private lender and buy them out with a future refi and payoff the seller, can't tell.I suggest you check first on alternative financing and ensure you can obtain funds rather than speculate as to when you can meet the obligations created.Note terms can have endless possibilities, it needs to work for both you and the seller.Much has been written about financing concerns, I suggest you see your banker and/or a mortgage originator to guide you specifically so that things may be planned.There is an old thread that has aspects that are applicable to your thoughts, not entirely but aspects, "What do you want Mr, Note Buyer" it's long, but there are gold nuggets in there you should understand. :)

Gold is not an investment it's an inflation hedge / form of cash.

You are paying for their new auto, fancy office, and gold watch.Being debt is freedom.It is fascinating how many ways having debt can be justified by some.Do you own the real estate investment if there is a loan secured by the real estate?

Those two books especially Muilti-Family Millions have so much useful information in them they're worth their weight in gold.

They sub-metered out most of the other utilities when building.Fast forward to today and water is called " liquid gold ".

Unless you buy when gold is low, you're not really going to make any money on a gold "investment".

In 2001, I bought a gold coin for $325.00 and a house for $43K.

Charles Lemelle A lender who can close is rare a lender who can close that 10th Fannie Mae loan is worth their weight in gold.

I find there's always a gold nuggets of information in each one and I go back to listen to a number of them multiple times.

We can tell people to not be impulsive, do there Due Diligence, be smart about it, but just like any "Gold Rush" many just ignore all the steps and work of it and come rushing in.