They proposed the following with seller financing: Purchase price of $165K$25K down paymentLoan at 7%, amortized over 30 yearsMonthly payment of $875 (actual payment amortized with these #'s would be around $935)Balloon payment for balance in 5-7 years.My question to the BP community is what do you think of these numbers?

Conforming loans follow set rules and this is what most banks and mortgage brokers offer.

Lastly, these folks should not be pushing you to invest- that is a red flag.

Go for it man you’ll pass keep pushing 

I follow you  and your team on you tube and get email updates from you. keep up the good work!!

Push the close, possibly lose the buyer.

I'm going to follow this conversation because I have the same question in general.

I credit that to having a clear and outlined checklist for the tenant to follow during move out to insure they get their full deposit back. 

We wanted to seek advice and recommendations on the following list:1.

Lien laws are state specific and have Very specific procedures to follow in order to file a proper lien, and specific forms to use fir notices and filing a lien.Your contractor should be familiar with the requirements.