Need help with a Seller Finance deal
Hello BP community,
I have a potential seller finance deal where the purchase price is 650k. They are asking for 20% down and a 3 year balloon payment. I want to make sure I'm not missing anything here, is there any other info I need to properly analyze this? Also, it's 2 units. One rents for ~$1600, and the other does not currently have a tennant and needs some $$$ put into it. Any advice would be great on this.