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Updated over 3 years ago,

Rukhsana Saleem's profile image
Rukhsana Saleem's profile image
Rukhsana Saleem
  • Member since Jun 8, 2021
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7
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3
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Rukhsana Saleem's profile image
Rukhsana Saleem's profile image
Rukhsana Saleem
  • Member since Jun 8, 2021
Connect
Rukhsana Saleem
3
Votes |
7
Posts
Multi-Family and Apartment Investing

Question regarding a Duplex

Rukhsana Saleem
Posted

Looking at a duplex in North L:as Vegas and wanted to understand what does the following mean? 

Completely remodeled and Tenant Occupied. Property being sold with total rents of $1950 per month on 1 year leases.

Owner will carry with 30% down and 2 year balloon at 6.5% amortized over 30 years.

Thank y

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