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Updated 11 months ago, 02/06/2024

Kobe McDaniel's profile image
Kobe McDaniel's profile image
Kobe McDaniel
  • Real Estate Agent
  • from Snohomish, WA
  • Member since Oct 6, 2020
  • Posts 90
  • Votes 46
  • Experience 4 Yrs
  • Investments 1
Connect

User Stats

90
Posts
46
Votes
Kobe McDaniel's profile image
Kobe McDaniel's profile image
Kobe McDaniel
  • Real Estate Agent
  • from Snohomish, WA
  • Member since Oct 6, 2020
  • Posts 90
  • Votes 46
  • Experience 4 Yrs
  • Investments 1
Connect
Kobe McDaniel
  • Real Estate Agent
  • Snohomish, WA
46
Votes |
90
Posts
Real Estate Deal Analysis & Advice

Need help with a Seller Finance deal

Kobe McDaniel
  • Real Estate Agent
  • Snohomish, WA
Posted

Hello BP community,

I have a potential seller finance deal where the purchase price is 650k. They are asking for 20% down and a 3 year balloon payment. I want to make sure I'm not missing anything here, is there any other info I need to properly analyze this? Also, it's 2 units. One rents for ~$1600, and the other does not currently have a tennant and needs some $$$ put into it. Any advice would be great on this. 

Seattle, Washington
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