Updated over 7 years ago on . Most recent reply
Multifamily with seller financing
What will be a good rate when dealing with seller financing on a multifamily (925K), my bank will give me a rate of 4.5% but if dealing with the seller financing I will offer 10% down payment a higher rate and 16 months ballon payment.
Trying to think of a good way to present the deal to him with some incentive to consider my offer.
How high is the standard when dealing with seller financing, private money goes from 6% to 12%.
Any input greatly appreciated.