Creative Real Estate Financing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago on . Most recent reply

What is the typical rate on a owner financed property?
What is typically the rate charged on a owner financed property? This would be for a very short term of 3 years maybe.
Is it fully amortized and does it include/require down payment and/or balloon payment?
thanks!
Most Popular Reply
I would say that there is no typical rate or terms. All terms for this type of transaction are fully negotiable between buyer and seller.
Be sure to have the mortgage drafted by an experienced real estate attorney. The relatively small upfront legal cost could save you thousands down the road.