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Updated about 11 years ago on . Most recent reply

User Stats

11
Posts
1
Votes
Douglas J.
  • Real Estate Investor
  • Wichita, KS
1
Votes |
11
Posts

Four plex owner finance...

Douglas J.
  • Real Estate Investor
  • Wichita, KS
Posted

Douglas J.:

Complete newbie here, trying to secure my first property. Found a 4plex for sale, 85k. Owner finance w/20% down. Do I try to secure the 17k before I talk to owner? it rents for 350 per so the income is 1400. 700 under the 50% rule. I don't have any more info at this point. I linked it below. Thanks.

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