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Updated over 2 years ago on . Most recent reply

User Stats

68
Posts
26
Votes
James Devoe
  • Architect
  • Wendell, NC
26
Votes |
68
Posts

Found a possible deal.

James Devoe
  • Architect
  • Wendell, NC
Posted

Hi Everyone,

So I found a possible off market deal and I need some advice on how this might work out for all parties involved.

My wife and I are looking to do our 1st House-Hack/BRRRR using Owner Finance and we're trying to find the best terms that work out for everyone. His asking price is $575k. I was thinking for giving him the following for options:

*30 year Aromatization 3% interest rate

*30 year Aromatization 3% interest rate 2 year bubble

*30 year Aromatization 3% interest only 2 year bubble

Any advice would be great.




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