Updated about 13 years ago on . Most recent reply
All cash offer vs owner finance
Is a tool on BP or online that can help me quickly calculate what to offer on a house if I pay all cash now vs. owner finance at various rates and terms?
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Michael Quarles
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#1 Marketing Your Property Contributor
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Michael Quarles#1 Marketing Your Property Contributor
#1 Marketing Your Property Contributor
- Flipper/Rehabber
- Bakersfield, CA
I'm not certain a calculator would help much. I've always found that there are 5 componants to consider on seller financing.
1) down payment
2) interest rate
3) length of loan
4) number of payments
5) purchase price
I'll pay full value on a no down 100 percent seller financed deal
, 30 year term zero interest with one payment.
Where on a cash deal my rule is to always stay around the 65% of as is value.