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Updated almost 2 years ago,

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3
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Ernando Solis
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3
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Seller finance question

Ernando Solis
Posted

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?

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