Owner finance trailer park near Houston
I have a property that the owner is willing to owner finance. I am wanting to know a list of questions I should be asking and looking for.
This is a text from the owner.
200,000 sale
20%down
3.5% 10 year but pay off in 60 months.
Trailer 1 -I don't own she pays$425 per month
Trailer 2 -I own
It's one bed room $750: per month he pays bill
Trailer 3 - I own
3 bedroom 2 bath
$1100 per month
Has 13 months left
He pays all bills
Yard man $100 per month
Taxes about $1300 per year are less.