In addition you need to do a 3rd party home inspection & get an appraisal.

Additionally, we may include clauses allowing for mortgage assignability and a balloon payment extension if the property fails to appraise for a specified price upon balloon expiration.Find below the 3 single-family seller finance deals that have done so far. 1st Deal breakdown: Purchase price: $330,000 Loan amount: $305,000Monthly payment (P&I): $1,181.55/mo40-year amortization at 3.5% interest rate20-year balloon paymentMarket Rent: $2,100/mo__________________________________________2nd Deal breakdown: Purchase price: $200,000Loan amount: $175,000Monthly payment to seller: $500/mo0% interest rate 7-year balloon Currently rented month-to-month for $1,200.Market rent: $1,750/mo__________________________________________3rd Deal breakdown: Purchase price: $175,000Loan amount: $160,000Monthly payment to seller: $437.50/mo0% interest rate 7-year balloon Currently rented month-to-month for $1,400.Market rent: $1,500/moFeel free to reach out if you have any questions!

I feel like I remember hearing one of the podcast or somewhere that the appraised value of timber on the land can be used as down payment for purchasing the land.

Search the BP for ADU appraisals to encounter numerous examples.

This does not include cash flows, but just price sold from one buyer to the next, and current appraisal.

I need to at lease get my money back on the deal.Address: TXARV / Appraisal: 105k-1115kPP: 47kAll in costs: 73kTaxes: 1500Insurance: 1700 Many lenders will go up to 75% of the appraised value.

One of my clients did a rehab on a two-unit building in Bridgeport that appraised for $100k over within in a year.

You can pull comps, have a realtor do that or talk to an appraiser to give you the "value" and the difference between that and what your going to pay is your paper equity.

Assuming he/she does not sell the property at the end of 10 years, at that point will taxes be owed on the property's appraised value?

He will be selling it to me at almost $150,000+ below appraisal.