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All Forum Posts by: Luke Carnahan

Luke Carnahan has started 1 posts and replied 2 times.

Creative Real Estate Financing

Post: Owner Financing Offering 6% APR

Luke CarnahanPosted
  • Posts 2
  • Votes 0

Great advice - will do!  Thank you

0 Votes
Denver, Colorado
Creative Real Estate Financing

Post: Owner Financing Offering 6% APR

Luke CarnahanPosted
  • Posts 2
  • Votes 0

I am just starting to work on a deal for a 5-plex where the owner is offering financing at 6% APR. I am more familiar with APR with respect to credit cards and not so much with personal loans, so I wanted to reach out to the community and see if anyone would have any advice on pitfalls, risks to avoid, or strategies to consider with financing a deal like this. Any advice is appreciated!

0 Votes
Denver, Colorado