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Updated over 6 years ago on . Most recent reply

Joe Garvin's profile image
Joe Garvin's profile image
Joe Garvin
  • Investor
  • from Fort Pierce, FL
  • Member since Jan 17, 2014
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User Stats

94
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46
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Joe Garvin's profile image
Joe Garvin's profile image
Joe Garvin
  • Investor
  • from Fort Pierce, FL
  • Member since Jan 17, 2014
Connect
Joe Garvin
  • Investor
  • Fort Pierce, FL
46
Votes |
94
Posts
Creative Real Estate Financing

How to structure an offer for $650,000 for land

Joe Garvin
  • Investor
  • Fort Pierce, FL
Posted

Hello BP Community,

We want to make an offer for a piece of land that the asking price is $650,000.  We want to offer full asking price but request owner financing over a 10 year period offering 1.5% and a balloon payment of $50,000 on the 10th year.  Does anyone know f a calculator online that could compute this?

Thanks in Advance!

Joe Garvin

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