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Updated 8 months ago on . Most recent reply

User Stats

60
Posts
45
Votes
Landon Moore
  • Rental Property Investor
  • Phoenix, AZ
45
Votes |
60
Posts

$0 Down … 0% Interest (Yeah...0)

Landon Moore
  • Rental Property Investor
  • Phoenix, AZ
Posted

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $550,000

Bend, OR that we purchase at fair market value, for $0 down, seller finance over 31 years at 0% interest.

Seller had house deep cleaned, carpets professionally shampooed, windows professionally cleaned, brand new AC (ducts, grilles, etc) this June.

My total wire was $2,755.00, but that money is coming from a referral to an agent for another one of the seller's property.

I have tenants moving in on a 18 month lease $2,795.00 and my PITI is $1900.00, before I make the first payment.

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