It hit $18.53 or $8.65 in 1982 adjusted rate.

Imputed tax rates are usually not a problem in seller financing and an adjustable rate, while manageable for the servicer, is not a beginner note to draft.

If you're on a sq ft basis, you might look into some thermostats that the tenant can't easily adjust, like in a commercial building with those plastic enclosures.

If you are on a 50/50 split you might need to adjust your numbers.

I have never done an owner finance so I know more information may be needed so that you guys can help.One response I got seemed to think I was taking on too much risk, which I agree after thinking about it, so I was thinking of adjusting to 10% over 15 years.Any thoughts??

The price quoted seems OK to me; since I usually end up with natural gas-fired heat rather than the electric systems you seem to be getting you might have to adjust a bit for different energy source.I'm surprised that you are being told "no permits needed" for this.

So if I bought this house for 125K, I'd end up with a profit of:185K - 55k (adjusted holding and money cost based on higher purchase price) - 100K (mortgage)- $11,100 (realtor) = $18,900I'd be happy with almost 19k in profit.

Adjust temp settings.

They can adjust the subject to the comps.

However, FHA is pulling the strings and you should get it in with the original package submission so they can adjust their allowance accordingly.