Curious how others would structure the balloon term on a seller-financed deal like this:
Location: Northeast Albuquerque
(stable, higher-income area)
Asset: 4-plex (3 occupied, 1 turning)
Price: ~$500K
Terms offered: 100K down, 5% interest, 30 yr amort
Rents slightly below market with some upsides
u/Addition_Small — 14 days ago