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Francisco Ycaza's profile image
Francisco Ycaza's profile image
Francisco Ycaza
  • Real Estate Agent
  • from Bronx, New York
  • Member since Dec 5, 2013
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Francisco Ycaza's profile image
Francisco Ycaza's profile image
Francisco Ycaza
  • Real Estate Agent
  • from Bronx, New York
  • Member since Dec 5, 2013
Connect
Francisco Ycaza
  • Real Estate Agent
  • Bronx, NY
6
Votes |
40
Posts
Buying & Selling Real Estate

Seller Financing

Francisco Ycaza
  • Real Estate Agent
  • Bronx, NY
Posted Jul 16 2014, 08:33

Good day  BP members ,

I have a Seller that might be Interested in Seller Financing . I have don't have any knowledge how to approach the Seller about this . It is a 2 Family in the Bronx and the property needs extensive rehab on 1 unit and the 2nd needs cosmetic work. In the " AS -IS" condition property is worth $190-210k , ARV is about $400-425k. Property and needs $50k in repairs this is a conservative number I am using . I would like to know what would be the terms and conditions that I can present to the Seller on this property ? Any feedback is highly appreciated !

Regards,

Francisco

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