Deal Analysis Check - Duplex - Salt Lake City

4 Replies

Colton,

Looking at your break down. My question would be is the interest rate of 4% correct? If so, you may be qualified as a first time buyer? If so, looks like you on a great start! Hope it works out for you!

Best of luck!

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@Martin Carstens

Thanks for getting back to me! This was a quote I got for a Loan from a Loan Officer, it is a First Time Home buyer. I actually passed on this deal because they wouldn't take the offer that I sent to them with the numbers above. I tried to negotiate but they weren't willing to budge on the price they wanted. I am now looking into Large single family for a rent by the room House hacking strategy. Just waiting for a Offer to get accepted at this point :)