We didn't have enough capital to get a short-term rental in our market, but the long-term market is strong here as well, so we bought our home with the intention of it becoming a long-term rental when we move out.

I am looking at multiple properties for sale at a decent price but wanted to check what you all have to say about the terms for seller financing.

Five Ways Buying and Selling a House Could ChangeThe National Association of Realtors has agreed to change its policies to settle several lawsuits brought by home sellers — a move that could reduce commissions.A settlement reached this week threatens to strike a blow to an established standard of residential real estate: the 6 percent sales commission.

I’ve been wondering that same thing.Seems to me when comparing candidate investments, why would I pay more for an investment with risk and work (5% Cap multifamily), than a risk-free passive investment (5% CD or T-Bill).Note that going from a cap rate of 5% to 10% is a 50% drop in price…that’s significant…easy to see why a seller isn’t willing to give a higher return.I’ve asked the question before and gotten answers like it’s because investor borrowing costs vary, and you must consider future rent growth and appreciation … I guess if you have low borrowing costs and are optimistic about the future a 5% cap rate makes sense.

We have been trying to work with Vacasa to manage it as a short term rental but we keep running into issues with their final inspection. 

(still have this property)last year I bought and renovated an A frame in vermont that is being operated as a short term rental.

In short, no.

lower out of pocket cost and if it's your first deal less stress if something goes wrong. seller financed homes.

The seller CAN still offer to pay some or all of the buyer's commission fees or other closing costs, but it is not mandatory... that is the seller's choice.

If its a short term rental and the long term rent doesn't cover the mortgage then will be a 70% no ratio