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Updated over 11 years ago,

User Stats

448
Posts
180
Votes
Zach Sikes
Property Manager
Agent
Pro Member
  • Residential Real Estate Broker
  • Edmond, OK
180
Votes |
448
Posts

16 unit seller finance, and possible 21 unit next

Zach Sikes
Property Manager
Agent
Pro Member
  • Residential Real Estate Broker
  • Edmond, OK
Posted
I met with a seller today that has two groups of units. One is a set of 21 condos, and the other is 16 units. He said he would consider seller financing. I would like to establish a relationship with him to get better terms on the deal. He said that he would take $600k for the 16 units, which have a gross cash flow of a little over $7k per month. Thoughts?
  • Zach Sikes

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