Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 3 years ago,

User Stats

14
Posts
7
Votes
Sarah Castellanos
  • Real Estate Agent
  • Ann Arbor, MI
7
Votes |
14
Posts

Analyzing my first Multi-Family Deal

Sarah Castellanos
  • Real Estate Agent
  • Ann Arbor, MI
Posted

writing up my first offer on a seller financing deal. I've analyzed it a million times and I am beyond nervous, but I'm going for it! My biggest obstacle is writing this offer with a good enough incentive for the seller to pick me, over the conventional loan that's also on the table. However, I've been told he's willing to take any offers and has mentioned sellers financing is on the table. So, in this scenario what's a good interest rate? It's a 5 unit building. $225k asking. The interest rate and monthly payment are my biggest obstacle to figure out right now. 

Loading replies...