Collecting Keys - Real Estate Investing Podcast cover image

EP 173 - Getting Creative with Creative Finance

Collecting Keys - Real Estate Investing Podcast

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How to Negotiate a Seller Finance Deal

We like to see things that are also rented under market value. If it's, if it's turnkey, they want market value and they're renting it for 1850 and the market rents in 1800, there's not a lot of spread there. So something to think about while you're listening. Our deal that we just locked up is that typical seller finance deal, this textbook really,. It was a tired landlord and he's 80 years old. He doesn't want to pay taxes, hates taxes. He wanted closer to retail value. And I think we got in there at probably like 85% retail value somewhere in there.

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