Updated almost 12 years ago on . Most recent reply

Seller financing - making it work
Hello All,
I am looking at some land contracts out of state and trying to make the numbers work. Properties are priced low ($20k), however I would like some dorection to help structure the deal.
Putting $6k down, financing $10k amortized over 20 yeaa for a 2 year term @ 7%.
Please advise.....