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Updated about 5 years ago,
Is this a good deal?
Property in Windermere, FL with seller financing.
Purchase price: $104,950
Down payment: $10,490
0% interest, 7 year balloon, 30 year amortization, $250 monthly payment
Property is currently vacant and recently renovated (I've been looking at BRRRR properties mainly, but this seemed like a good deal).
Has previously rented at $2,400/month.
If any Orlando area realtors can offer some help too that would be great! Deal just seems too good to be true and I’m a long distance investor.