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Updated almost 7 years ago on . Most recent reply

User Stats

17
Posts
9
Votes
Spencer Hoogveld
  • Rental Property Investor
  • Jefferson City, MO
9
Votes |
17
Posts

Is this a good deal?

Spencer Hoogveld
  • Rental Property Investor
  • Jefferson City, MO
Posted

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*This link comes directly from our calculators, based on information input by the member who posted.

I'd offer $500,500 and they'd pay $45,500 for my down payment. From there I'd add $15,000 onto my line of credit for typical repairs along with my closing cost of $10,000 +/-. This brings my loan total to around $480,000 +/-.


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