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Updated almost 4 years ago,

Chad Keilen's profile image
Chad Keilen's profile image
Chad Keilen
  • Member since Jan 28, 2021
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48
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21
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Chad Keilen's profile image
Chad Keilen's profile image
Chad Keilen
  • Member since Jan 28, 2021
Connect
Chad Keilen
21
Votes |
48
Posts
Buying & Selling Real Estate

Selling in MI on Land Contract

Chad Keilen
Posted

I have listed a 4unit in Lansing MI and have received several LC offers. What is a solid interest rate to offer in today's market?

Also both offers received have been seller finance through life of contract (15 and 30). Isn't it typical to only last 2 to 3 years with payments interest only or on 30 yr schedule with balloon at the end?

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