Updated almost 8 years ago on .
What Seller Financing Terms Do You Use?
Hey Guys!
Quick question for you. Seller Financing terms...what are some terms you’ve been successful with in regards to getting a seller to agree to when picking up a deal from them? I’ve heard that people have been successful with a 10% down payment with loan terms of 10 years, 5% interest, with a balloon payment at the year 5 end.
Interested to hear what you guys think.
Thank you guys in advance.