Updated about 8 years ago on . Most recent reply
Would this be a good deal?
First deal for me and would like to get some common advice to see if this deal works>
Owner Financing Deal
Buy Hold and Rent ;-)
Property Value Estimation: $130,000
Asking: $125,000
Down Payment: $25,000 (20%)
Interest Rate: 5%
Loan Term: 25 years (No Balloon)
Rental Estimation: $1,000.00
No Repairs needed what so every (very clean actually)
Thoughts would be welcomed
Thanks in advance!