Seller financing with 50% down payment

2 Replies

Duplex with potential $1100/month rent. No repairs, newly renovated. Asking $45k cash. If I wanted to seller finance, could I do $55k purchase price with $27,5 down amortized over 20yrs at a 3% interest rate. Or would that be insane?

Why would someone give you a 50% DP and more money on the LP. The only people you are targeting are ones with bad credit. Everyone else can find a cheaper loan option.

No saying it's impossible. You just limit your potential buyers.