Potential 15 SFR Wholesale deal
Hello fellow BPers,
I am a wholesale investor and I recently came across a 15 property wholesale deal. I've never wholesaled more than 2 properties together so I'm looking for a little advice on how to make an offer on bulk deals, as well as any data a potential buyer may need other than what I have listed below.
Asking Price: $916,500
Annual Rents: $118,200
Annual Taxes: $17,900
The seller will also consider owner financing for the properties with 5%-10% down and 8% interest rates. To me the down payment seems reasonable but is this a high interest rate for owner financing?
Thanks in advance for your knowledge and advice!!