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Updated over 1 year ago on . Most recent reply

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11
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Erik Gladish
1
Votes |
11
Posts

How can this Deal Make Sense

Erik Gladish
Posted

Hello Smart Money!

I have a seller who has an off market property and she would consider owner finance and a creative strategy.  
She bought thr property 3/9/22 for $999,000
Has a $590,000 Mortgage

The property has a seperate entrance for a 1 bed/ 1/bath + Make Shift little kitchen to the left- she says she gets $2500
The entrance to the right is a 2/2 but can be 3/2 and she gets $3,500 for it.
She has a 2 car garage with an additional attached space that could be converted to an ADU- $80k ish

On the open market she wants $1.2

How can a Subject to or seller finance deal be arrainged to be win/ win for all? What should my offer/ terms be? 

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