Subject to - Seller Finance - Opportunity

[Alex Jacobson]

Hello All,

Looking for advice on a "subject to" property. Is there anything in particular I should be looking at in terms of the deal, the financing. I am sure I can learn something from this community!

Property:

https://www.compass.com/listing/3388-south-washington-street...

Broker Comments:

"The owner is willing to carry the loan with 15% down with 4.5% over 30 years with a 5 year balloon, terms subject to credit approval and buyer stability. Call listing broker for more details about the owner finance opportunity."

Best,

Alex