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Updated 10 months ago,

User Stats

42
Posts
19
Votes
Jason P.
  • Investor
  • Bay Area
19
Votes |
42
Posts

Multiple questions on Selling my property with owner financing

Jason P.
  • Investor
  • Bay Area
Posted

I have a duplex in Illinois that I'm thinking about selling with owner financing as it's a free and clear property.

Where would you post that? And would you do it on your own or get a broker involved?

Both units are rented out but upstairs said she is moving out soon. 

Downstairs 2/1bth $600/m

Upstairs 2/1bth $500/m

Property needs work and am asking $120k

What down payment would you suggest? And at what interest?

Was thinking $25k @9.5%. But what do you all say?

Thanks!

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