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Creative Real Estate Financing

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Tony Roddenberry
  • Rental Property Investor
  • Brunswick, GA
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40
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Buy and hold finance

Tony Roddenberry
  • Rental Property Investor
  • Brunswick, GA
Posted Mar 26 2016, 19:05

I have two buy and hold properties financed at a local bank. Both are 5%Apr set up on a 20 year am with a five year balloon. As a newbie I took what I could get. Is this a good deal or a bad deal? 

I have been running cash on cash and cap rate numbers on a 15 yr mortgage. Is this a good number to use?

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