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Updated over 1 year ago on . Most recent reply
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Ideal Interest Rate
I believe that the main reason nobody wants to buy right now is the interest rates? Please correct me if i'm wrong or missing something. With that being said and despite the current interest rates, what would be the highest interest rate that you would pay on a creative finance deal? I'm looking to setup some seller finance whole sale deals with multiple options a long term low down payment with a balloon and a short term high down payment with a balloon. Just looking for input on what investors would be looking for as a far as a deal like this.
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Interest rate is one of factor but not full picture. Part of it is because of low inventory where buyers have limited choices and being outbid by cash buyers. @Albert Bui @Carlos Valencia