All Forum Posts by: Tyler Gardner
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Post: Selling a Commercial Building and need advice

Tyler GardnerPosted
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I have a small commercial building in AZ that I want to sell. I have someone that is interested in doing a seller finance option. Which I am open to, I'm just not sure the best way to line up the deal. I owe 80k on the building and it's worth about 275k. Do I try and get a lump some of 80 to cover my debt and then finance the rest over a 10 year period? And then I'm not sure the best rate to charge for interest.
Any advice would be welcomed!