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Updated over 6 years ago,
[Calc Review] Help me analyze this deal
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I have stayed in this condo for 11 months. My lease is coming to an end. My landlord is beyond motivated to sell me the condo and is interested in a cash transaction with much flexibility. He stated that he needs cash, so he can retire. The 20% down payment will come from myself and the seller more than willing to finance a 2nd mortgage minus my 3.5%-5% cash and seller will pay closing costs. looking to see how the numbers look.