All Forum Posts by: Shedrick Archangel

@Andrew Johnson Thank you

I found a potential rental house for $129,000.00.  The property is a 4 bedroom 2 bath.   The owner is willing to sell the house using owner financing. Also, rent in the area is $1000.00 - $1200.00.  What do you think of the terms?

Terms:

Owner financing it 20 thousand down preferred. but may work with 15 or more down. 9.5% interest for 20, 25 or 30 year, no escrow. no prepayment penalty and no origination charges for loan. The property is sold as is.

Is that the same as owner finance? 
Any tips

@ Mark Nolan: Thanks

@Michael Sato: Thanks

 @John Matheson: I am very excited. Thanks

Hey Everyone,

My name is Shedrick Archangel and I moved to Lancaster,TX after retiring from the military, I am south of Dallas. Caught the real estate bug while in the military, but been on the sideline far too long. Over the previous I have been filling in the gaps, reinforcing, and gain knowledge of real estate. I practically have listen to every shows that has been hosted by BiggerPockets. I have read plenty of books on real estate, business, leadership, etc. And I am well informed of my area, class C, B, A locations.

I joined BiggerPockets to unlock and develop my full potential so I can live the life I desire.

So if you interested to know more about myself, my goals, strategies or if there's anything I could do to help you achieve your goals, please free to reach out to me. I would love to help.

Kind regards,

Shedrick Archangel