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Updated over 2 years ago on . Most recent reply

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Devon Newhouse
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Buying a lot that offers seller financing

Devon Newhouse
Posted

Hi BP-

I am interested in buying a lot to build a rental property on. The seller is doing a 1031 exchange with this sale, but the listing also discloses that they are interested in seller financing. I am not super familiar with the benefits (to the buyer) of seller financing. I am working with a bank to secure funds on this purchase, but should I also consider doing seller financing?

Thanks

Devon

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Devon Newhouse
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Devon Newhouse
Replied

Thanks for the response.Yeah, that seems pretty simple. Thanks!

@Andrew Postell

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