Seller Financing Too Long Term Tenants

[Michael Bracewell]

Investment Info:

Single-family residence buy & hold investment in Milledgeville.

Purchase price: $60,000
Cash invested: $65,000
Sale price: $108,000

Completed my first seller financing deal, with the only tenants who have ever rented this property from me. Never imagined being on this side of an owner financing deal at this stage in my investment career, but the numbers made great sense and I will be able to make a great passive return over the next twelve years.