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Updated over 3 years ago on . Most recent reply

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John Castolene
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is seller finance on a 1.1 mil rental possible

John Castolene
Posted

id like to purchase a property with good cash flow but would like to seller finance, is this possible?

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Marcus Auerbach
#2 Starting Out Contributor
  • Investor and Real Estate Agent
  • Milwaukee - Mequon, WI
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Marcus Auerbach
#2 Starting Out Contributor
  • Investor and Real Estate Agent
  • Milwaukee - Mequon, WI
Replied

@John Castolene sure, but why would a seller in 2022 do that? There is so much hot money in the market chasing properties. If nobody wants to buy a property it might be possible, but that says something about the property.

I think it was different when rates were 8% and the market was slow. Seller would make good interest, there was more to split. I think the chances to get Seller financing from a tired investor is much easier than from a residential seller, so a bigger deal is probably easier.

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