What terms have you seen with seller financing?
Currently looking at a duplex (owned free and clear) and the owner is open to seller financing. Listed for $146,000, rents at 1,840/month.
I am wondering what kind of terms people have received on seller financed deals? Is there any sort of standard when it comes to seller financing?
I know this is sort of a loaded question as the seller and buyer can almost agree on anything...but I would like to hear what other investors have seen on seller financed deals.
Thanks!