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Updated almost 5 years ago on . Most recent reply

Mary P.'s profile image
Mary P.'s profile image
Mary P.
  • from Kansas City, Missouri
  • Member since May 17, 2015
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Mary P.'s profile image
Mary P.'s profile image
Mary P.
  • from Kansas City, Missouri
  • Member since May 17, 2015
Connect
Mary P.
  • Kansas City, MO
7
Votes |
32
Posts
Investor Mindset

Interest rate if I hold the mortgage and owner finance for buyer?

Mary P.
  • Kansas City, MO
Posted

Our property is paid off and we're considering selling and offering to finance. What's a reasonable interest rate to charge? Is there a formula - like prime + X%?

Input is appreciated! Thank you.

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Mary P.'s profile image
Mary P.'s profile image
Mary P.
  • from Kansas City, Missouri
  • Member since May 17, 2015
Connect

User Stats

32
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7
Votes
Mary P.'s profile image
Mary P.'s profile image
Mary P.
  • from Kansas City, Missouri
  • Member since May 17, 2015
Connect
Mary P.
  • Kansas City, MO
7
Votes |
32
Posts
Mary P.
  • Kansas City, MO
Replied

@Account Closed Thank you so much for your input! I will dig into this info more. I appreciate your help!

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