What are your thoughts on this deal?
Hello everyone what are your thoughts on this deal?
Off market duplex for 90k
Seller is a friend who is willing to do seller financing.
50% down(45k cash) with 6% interest for 7 years?
It can easily go for 85k cash.
What are your thoughts and numbers?
Most Popular Reply
Are you unable to get a loan? You could put way less money down if you got a loan. Does it need renovation? Would you cash flow?
I usually try to do seller financing only if it allows me to put less money down. Otherwise, what's the point?