Updated about 7 years ago on . Most recent reply
What kind of terms can I get on an 8 plex
1 -What kind of terms can I expect to get on an 8-plex I am looking at? Financials below. Right side is today and left side is after I do a few changes to it. Its listed at 499K (too expensive) and I dont plan on paying that.
2- The owner has also stated that he might be willing to hold a partial note but he has a mortgage of 350K. I can't figure out how I can make this deal work and how to calc any potential balloon payment.