Updated over 6 years ago on . Most recent reply
Is this a good owner finance deal??
Single Family Home
$219,800 4 bd3 ba 1,315 sqft
zestimate 225000
Turn Key - Fully remodelled
Owner financing
$10000 down
10% interest
It will most likely be an STR which will work, but it will definitely not work for a long term rental.
It's less than 2miles from a major airport, and less than 10miles from sports and entertainment.
Is this worth it?
Most Popular Reply
Joe Villeneuve
#5 All Forums Contributor
Pro Member
#5 All Forums Contributor
- Plymouth, MI
What are the financial numbers on THIS house? Rent, taxes, insurance, etc...ultimately the cash flow?
Is that 10% simple interest? Interest only payments? How long is the financing in place?
Zestimate is worthless. Don't use it.