seeking advise. selling my rental wit seller financing
i purchased a house a few years ago through seller financing for $250k at 6.5 %, I now owe $117K. Appraised value $385K, selling for $385K. My buyer is wiling to put 20% down and pay 7.5 % interest with 30yr term due in 5 years. Any thoughts or advise will be appreciated. Thanks in advance!
