How to Approach a Seller for Seller Financing?

[Manuel Sandoval]

Hi,

It seems that my only option to buy a multi-family complex would be through seller financing because, as a student, I do not have excellent credit.

How would I approach a potential seller to ask for seller financing without sounding desperate (since that is my only option) or naive.

Some example sentences would be the best.

Thanks!

Manuel

[Owen Dashner]

Just use the straightforward approach and don't play games. Ask them, "I am looking to purchase a multi-family property with seller financing. Is this something you would consider?".

Simple, and gets right to the point. It's a numbers game- you'll have to ask lots of sellers that question before you get to "yes". Then you just comb through the list of willing sellers to find the properties you are interested in and make some offers.