Either way, there most likely is not a penalty for repaying the seller or person holding the note before the end of the loan term.

Since I funded the LLC the seed money for the property, is there any advantage to having an interest rate for the repayment of the loan?

Hello,I have the opportunity to purchase a unique property, it has a single family house 2/1 to the front of the lot and a separate duplex (1/1 each) to the rear of the lot.Initially I was beaten out of the deal but they then had trouble getting financing due to there being two separate dwellings on the property and I am back in the running. 

I can loan them the downpayment money and gift them a portion of its repayment each year until it is diminished.

Assuming you did it just in case you should have the funds just repay it.  

Valley is going to be a little more unique because almost everything is on well and septic.You can get a feel for what you can have the tenant pay for by looking at rental ads. typically single-family has them pay all utilities, and duplex-up will be a mix depending on how it's metered.

You are suppose to provide them with a reasonable re-payment plan.

So do to only being able to cash out 80% of that, I was not able to repay my whole HELOC back that I used to fund this one.I’m still doing ok cash flow wise but obviously I won’t survive long at that rate.

The problem is that the deal was very unique and lucky so how do I repeat this?

Is there anything unique to St.