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Updated over 2 years ago on . Most recent reply

User Stats

5
Posts
1
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Tyvon Davis
  • Homeowner
  • Peoria IL
1
Votes |
5
Posts

Seller financing -down payment

Tyvon Davis
  • Homeowner
  • Peoria IL
Posted

I've stumbled upon a fantastic opportunity with solid cash flow! I negotiated seller financing for: - Purchase price: $400,000 - Monthly income: $6,000 - Interest rate: 4% The seller requests a $160,000 down payment. My dilemma lies in sourcing the $160,000 down payment.
Cash on cash return is 23%

Thanks for the input 

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