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Updated over 11 years ago,
Seeking feedback on this deal
Hello! This is my first post and I've been loving the BP forum and podcast for a few months now. I came across this deal and it seems pretty good. I need to figure out what to ask this seller.
Here's what I know now:
1924 Triplex, total rents of $1935/month
Asking $199k, $40k down, $1335/month seller finance
This guy needs to sell it quick, should I be asking for a lower down payment, lower monthly payment, lower sales price? Seems to me the sale price doesn't matter all that much if I can get great terms.
Thanks for the insight!
Evan