
Ep139 Simple Deal Structuring, You Can Do It Too
Cyclizzle
Description
<p>One thing you should always ask a Seller is, Ask if they are open to terms. Here is the info on this deal. How would you structure terms? </p> <p>SFR 2bed 1bath. Older, it's possible to convert the garage to a second unit. Mostly updated. Seller thinks it's worth 210K. It's free and clear, taxes are 1K/ year. 1K market rent/month. </p> <p>3 simple offers</p> <p>1) Short term financing to retail to an Owner Occupant. Offer 195K with 10K down. Finance 185K at 3.5% interest, amortized for 30yrs. Term of 5 yrs. </p> <p>2) Seller subordination 215Kpp, 45K down in first position at 6% interest, 170K financed in second position, principle only for 5yrs.</p> <p>3) 212K offer price, 10K down, 2.5% hybrid 850 payment. Term 42 months. Sell for 225K, collect 10% down from Owner Occupant.</p> <p>Hope you enjoy, And to get special access to a step by step video on how to structure creative financing offers, text CFP to our hotline at 877-409-8090 or click<a href='https://creativefinancing-dacd.gr8.com/'> HERE.</a> </p>