Seller notes - simple or compound interest?

December 13, 2019
by a searcher in Jackson, MS, USA
What’s the standard on interest earned on a seller note? Are payments monthly, quarterly, annual?
December 13, 2019
by a searcher in Jackson, MS, USA
What’s the standard on interest earned on a seller note? Are payments monthly, quarterly, annual?
from Wake Forest University in Winston-Salem, NC, USA
from University of Pennsylvania in Indianapolis, IN, USA
Otherwise, whatever terms you can negotiate with the seller are fine and it is obviously in your best interest to get the best rate/payment you can to reserve cash flow.
I would personally offer more rate to get deferred or interest only payments or full amortization with no interest.