Structuring a Deal, chime in my friends.

[Charles Scott]

Greetings everyone, I’m new to creative financing but I was able to negotiate a seller into agreeing to terms, he quickly bombarded me with his terms, correct me if I’m wrong but It seems they were set up heavily in his favor.

The ARV is about 280k-300k

He wants 225k

100k Downpayment

2 year balloon

10% interest

30 yr Amortization

How would a creative finance specialist make this deal work? And what would you counter with?

[Damaso Bautista]

@Charles Scott

I think the seller is telling you that he doesn’t want to sell the house but you have been hounding him so much that he felt this was the easiest way to get out.

It’s like when I get contacted to sell my house. I say give me 2.5 million and it’s yours.

I would move on to the next place.

If you have $100k to out down you don't need owner financing. You can get a mortgage with a low APR.

Good luck!