Seller Financing rates ?
What is the typical interest rate for seller financing on deals under $500K, or is it primarily something the seller and buyer mutually decide?
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by a searcher
from The University of Chicago - Booth School of Business
in Rochester Hills, MI, USA
in Rochester Hills, MI, USA
5mos ago
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by a searcher
4mos ago
from University of California, Berkeley in Sunnyvale, CA, USA
from University of California, Berkeley in Sunnyvale, CA, USA
It's a mutual decision, while in general slightly lower than the bank rate, as the main purpose of that is to align the motivation instead of filling the financing gap.
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by an intermediary
4mos ago
in Tallahassee, FL, USA
in Tallahassee, FL, USA
What both agree on but when I'm working with a seller I tell them they can typically get 6-8% which is less than SBA. I've had some sellers want 9%. Again, that's wanting but to get a deal done may not get it.
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