Hey investors! I am looking at a seller finance deal but am trying to have the loan amortize at an even split between principal and interest, rather than the standard bank amortization. Does anyone have a good excel or table for structuring?
Is this something you prioritize when looking to seller finance?
That is my biggest priority as well and will probably balloon in 5-10 years. But I want to start with even amortization throughout rather than a traditional mortgage structure where you are paying mainly interest in the beginning that flips over time.