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Updated over 10 years ago on . Most recent reply

Gary Houck's profile image
Gary Houck's profile image
Gary Houck
  • Engineer
  • from Lexington, Kentucky
  • Member since Jun 24, 2012
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31
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Gary Houck's profile image
Gary Houck's profile image
Gary Houck
  • Engineer
  • from Lexington, Kentucky
  • Member since Jun 24, 2012
Connect
Gary Houck
  • Engineer
  • Lexington, KY
7
Votes |
31
Posts
Creative Real Estate Financing

Owner Financing

Gary Houck
  • Engineer
  • Lexington, KY
Posted

I'm looking to buy a mixed use property. 1500 sqft residential and 1500 commercial.The owner is willing to finance. Details  of down payment and terms of financing have yet to be firmed up. I have already meet with a real estate attorney and got his input. The purchase price is 125k. Any ideas on what the terms of the financing should be. I know they can be pretty much whatever the seller and I agree on. The attorney showed me a owner financing deal he did for himself last year. Just putting this out there to see opinions. 

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