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Updated almost 2 years ago,
Seller finance question
https://www.trulia.com/p/al/bi...
I want to find out opinions on a subject to deal. Property is recently remodeled and had a tenant renting for $900, property management in place. Property was appraised for 90k and has a zillow estimate of about 103K. I am asking $88k total price, $33k down payment to me and buyer takes over loan with a balance of $56k at 5.5% interest rate, payment is $512 monthly with taxes and insurance. Any thoughts?