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All Forum Posts by: Brad Richards

Brad Richards has started 2 posts and replied 11 times.

Buying & Selling Real Estate

Post: Owner financed and equity

Brad RichardsPosted
  • New to Real Estate
  • Rockford
  • Posts 11
  • Votes 1

Hi everyone! First post here. My name is Brad. I live in the Rockford area in Illinois. My question is in doing a owner financed deal, how much equity do you get when purchasing the house? Example: house appraised for 75k, offer is accepted at 70k with 5k down making it a loan of 65k. Thank you all in advance. 

0 Votes