Updated almost 9 years ago on . Most recent reply
Contract for deed term and rate
What kind off rate and term are folks getting/ giving on seller financed contract for deeds this year?
Is 5% for 5 years on $50,000- $100,000 attractive to sellers?
Is that a good rate for buyers?
I'm figuring 25% down payment
Ammeritized out 20 years.
These numbers work for me if I can keep 1% rule for rents and 30/70 equity to loan.
Thoughts ?