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| What Deal to Offer? |  | ||
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Posted by: Jerry Nash ® 12/17/2002, 22:37:30 Edit |
I was contacted to purchase a property because a guy wants out. The property has a note of 146,000 assumable at 9.5% and the owner will sell for zero down. His payments are 1279.58/mo pluss tax and insurance. He has a renter who has bad credit but wants to buy from him. The owner says he will sell to me. This assumable deal is on a 30 year fix. What is the best way to deal. A flip? |
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