The buyer is proposing 60% down and 40% owner finance. 

How did you finance this deal?

By assigning an agreement to someone who then completes the purchase, you have in fact brought that consideration to the table at the time of the transaction.I'm wondering if there was some other intent of that language - such as to prevent a homeowner from being screwed out of their house via some "creative financing" scheme that benefits a 3rd party (e.g. investor) while not providing any (reasonable) compensation to the seller.

I've done a fair share of researching but some things I havent been able to get very clear answers on.I'm looking into possibly buying a laundromat on seller finance and I want to be able to talk to the seller and negotiate terms that benifit both of us that I can still profit with the business.I guess im looking for a clear cut of all the parts of a seller finance deal, how to structure it, and how to negotiate it if countered. example, If i put 10% down, they finance 90%, whats a good or bad interest rate if any, how long of a term, what should the payments look like etcany advice would be a huge help to not only the laundromat but Real estate in general!

In order to investigate this option, thoroughly investigate the market, establish investment criteria, assemble a local team of experts, investigate financing options, investigate potential properties with due diligence, and be mindful of potential risks like difficulties with remote management, market fluctuations, tenant turnover, and regulatory variances.

Make sure you know the value the ADU will add to the property before building the ADU. 2) the financing on an ADU is typically far worse than for initial investment property acquisition or is often not leveraged (HELOC, cash out refi, etc).

Are there any fellow Houstonians that have sub to or seller finance deals available?

Unfortunately there’s no free lunch in commercial real estate finance.  

The only thing I'd change about my journey is targeting a multi family first, anything less than 4 units will still qualify for fha financing.

I am getting ready for my next acquisition, just exploring different markets, and which route I want to go (BRRRR, Turnkey, STR, LTR, how I want to Acquire/finance, Etc).