Need advise on structuring a seller financing deal
Hello BP Family, my wife and I got a possible deal financed by the seller. We have no knowledge on how to structure a deal like this so we need your help!
Some info: Seller is getting rid of some properties and we want to acquire two of them.
Asking price $245k each. Two duplexes. Roofs 10 years old. Overall they look decent from outside (maintained) in a B- area. Tomorrow we'll do a walk through to see the inside.
Is there a standard approach in this cases?
Any advise will be greatly appreciated.