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Updated over 6 years ago on . Most recent reply
Question about Seller financing?
I am in discussions to purchase a mobile home park and the seller told me he would be open to seller financing. I asked him what terms he would be looking for and this was his response?
Probably 41/2-5% with 15 to 20 percent down
Could someone give me some clarity as to what the 41/2-5% means?