Ep139 Simple Deal Structuring, You Can Do It Too

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? 

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. 

3 simple offers

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. 

2) Seller subordination 215Kpp, 45K down in first position at 6% interest, 170K financed in second position,  principle only for 5yrs.

3) 212K offer price, 10K down,  2.5% hybrid 850 payment. Term 42 months. Sell for 225K, collect 10% down from Owner Occupant.

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 HERE.