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Updated over 8 years ago,

Chris Drumm's profile image
Chris Drumm's profile image
Chris Drumm
  • Professional
  • from Magnolia, Texas
  • Member since Jul 23, 2015
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Chris Drumm's profile image
Chris Drumm's profile image
Chris Drumm
  • Professional
  • from Magnolia, Texas
  • Member since Jul 23, 2015
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Chris Drumm
  • Professional
  • Magnolia, TX
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13
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Buying & Selling Real Estate

Owner finance 8.5% rate

Chris Drumm
  • Professional
  • Magnolia, TX
Posted

If you can do an owner finance deal for a buy and hold property with 5% down and an 8.5% interest rate, is that reasonable or is that rate too high? I am hearing that in this situation it is a fair rate but i want to see what other people think. Thanks

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