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Updated over 1 year ago,

Michael E.'s profile image
Michael E.'s profile image
Michael E.
  • Member since Sep 13, 2022
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Michael E.'s profile image
Michael E.'s profile image
Michael E.
  • Member since Sep 13, 2022
Connect
Michael E.
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Posts
Creative Real Estate Financing

Owner Financing for 5 years With Balloon Payment?

Michael E.
Posted

I have a seller that has agreed to owner financing on a few properties he owns. I have come up with 100% financing for 5 years with a balloon payment at the 60th month. Will I be shooting myself in the foot with terms like these? Does anyone have experience with this sort of agreement?

Thanks

Long Island, New York
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