Updated 18 days ago on . Most recent reply
Selling... is 25% down enough to be safe to owner carry nice rental?
I have a 5,4 , 3 car in a very nice nieghborhood. Hoping to get 400K net. I own it outright. Was approached today to owner carry for a local investor who wants to continue to rent it out. Is 25% down enough.. 100K, carry 300k ? I have 2 more nice properties.. maybe sell all of them for $1.3 million with $300 K down? Is that enough.. should I try to sell to different people so that i am diversified? Thoughts?