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Updated over 8 years ago, 05/02/2016

Luanne Dvorak's profile image
Luanne Dvorak's profile image
Luanne Dvorak
  • Real Estate Agent
  • from Burton, Ohio
  • Member since Mar 30, 2014
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User Stats

31
Posts
5
Votes
Luanne Dvorak's profile image
Luanne Dvorak's profile image
Luanne Dvorak
  • Real Estate Agent
  • from Burton, Ohio
  • Member since Mar 30, 2014
Connect
Luanne Dvorak
  • Real Estate Agent
  • Burton, OH
5
Votes |
31
Posts
General Real Estate Investing

Land Contracts

Luanne Dvorak
  • Real Estate Agent
  • Burton, OH
Posted

Hello,

Was wondering if there is a better option for purchasing a free and clear property from a seller. He is suggesting a land contract. I pay taxes and insurance and he holds the deed. Balloon payment in 5 years. 4.5% interest. Amortized for 20 yrs. I was going to do this out of my IRA. Any suggestions or thoughts on this?

Luanne Dvorak

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