Analysis - Trade 2/1/1 w/seller financing for 2/1/1 paid off
How would you structure this deal?:
Seller:
Residential - Single Family
2/1/1 Livable/Fair-Poor Condition
Appraised at $28,000
744 Sq Ft
Wants to sale their house and buy my house.
My House:
Residential - Single Family
2/1/1 Livable/Fair Condition
Appraised at $25,000
840 Sq Ft
I will finance it for $36,000 with 10% down for 15 yrs at $377/month
Where do I go from here?