Updated almost 5 years ago on . Most recent reply
Seller Financing for Condo
Hi everyone, currently renting a condo. Owner asked if we would be interested in purchasing the condo. I asked if they would offer seller financing. Owner replied by asking, “what is your offer?”. I have no idea what to reply back. This is a property I would occupy. Property would not cash flow as a long term rental and short term rentals are not allowed. Only exit strategy would be selling in the future. How do I determine how to structure this deal?