### Structuring Owner Financing

Seller financing is highly popular in the RV park industry. It can bridge the gap when commercial lenders are hesitant or require high down payments.

#### Why Sellers Choose Owner Financing
1. **Tax Advantages:** Spread capital gains liability over several years.
2. **Interest Income:** Earn 6% to 9% interest on the note, outperforming standard investments.
3. **Larger Buyer Pool:** Attract buyers who have down payments but lack standard bank qualifications.

#### Recommended Terms
* **Down Payment:** 20% to 30% is standard to ensure the buyer has skin in the game.
* **Amortization:** 15 to 25 years keeps payments manageable for the buyer.
* **Balloon Payment:** 3 to 7 years gives the buyer time to build equity and refinance with a bank.