Need help with a Seller Finance deal

Need help with a Seller Finance deal

Real Estate Agent · Snohomish, WA · Member since 2020 · 99 posts · 49 votes

Hello BP community,

I have a potential seller finance deal where the purchase price is 650k. They are asking for 20% down and a 3 year balloon payment. I want to make sure I'm not missing anything here, is there any other info I need to properly analyze this? Also, it's 2 units. One rents for ~$1600, and the other does not currently have a tennant and needs some $$$ put into it. Any advice would be great on this. 

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