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Updated over 10 years ago,
Would you accept this seller financing offer?
Buy and hold 2-units
20% down payment
30 year amortized note w/5 year balloon payment
Cash flow is $100 per unit
Most 2 units in this area go for $30 - $40,000 less (traditional financing)
I'm interested in knowing what the pros think. This is my first seller finance experience.