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Updated over 9 years ago,
Multi Family Deal Working Right Now
Hello Everyone,
I'm considering a deal that is with an owner finance structure for a multifamily dwelling. The investment will feature an eight room 1 bath that situated between two big colleges here in Augusta, Georgia. Currently the deal is structured as follows:
Price: $42,000
Down Payment: $4500.00
@ 4.5% with a 5 year balloon.
How would you guys structure this deal and if I am catering to students how would you structure the rent amounts and etc.?