Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

61
Posts
19
Votes
Tyler Piciullo
  • Real Estate Agent
  • Fort Lauderdale, FL
19
Votes |
61
Posts

Owner Finance HELP ME! HELP ME! HOW'S IT LOOK

Tyler Piciullo
  • Real Estate Agent
  • Fort Lauderdale, FL
Posted

Owner Finance

Purchase Price: $700K

Actual value: $625K

Owner wants 20% down

0% interest

Balloon in 10 years

Cash flow looking at 400-500/M and it is in a highly appreciating area in South Florida

THOUGHTS?? FIRST OWNER FINANCE DEAL

Most Popular Reply

User Stats

175
Posts
79
Votes
Adam Schooley
  • Real Estate Agent
  • Fort Lauderdale, FL
79
Votes |
175
Posts
Adam Schooley
  • Real Estate Agent
  • Fort Lauderdale, FL
Replied

@Tyler Piciullo this looks like an appreciation play only. I get that the owner is giving you 0% interest but you're also over paying for the property. You're putting down $140k to make $200.00 net cashflow a month? That's a 0.017% COC return! You can make a 5% return by putting that $140k into a high yeild savings account with no risk and make $583.00 per month. I'm a local agent and investor here in Broward if you want to chat.

Loading replies...