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Updated over 3 years ago on . Most recent reply

User Stats

10
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3
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Matt Maitz
3
Votes |
10
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How would you structure this deal?

Matt Maitz
Posted

I’m looking at a 4 unit that doesn’t “need” anything but everything is dated…

Asking price: $669k

12 bed

4 bath

Total rent $3100 between the 4 units

Delivered occupied

Taxes $7800

Insurance 3400

Built 1900

I’ve been playing with the numbers and they look decent however he said he would be open to owner financing and not sure how to structure that offer…

Owner says it doesn’t need anything and price seems reasonable so with this limited information how would you suggest putting together a owner financed deal? Am I missing any key info that would help with the offer?

Appreciate and and all advice!

Thank you

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