owner financing: Owner Financing 4 Unit Apartment Building in Castle Shannon PA - 08/22/17 09:18 AM
4 Unit Apartment building for sale. Open House Aug 27 at 11am.
Castle Shannon 4 unit apartment building for sale.
We can do Owner Financing with $50k down payment.
Needs some work, about 7k in work on the outside.
$600 in rents x 4 = $2400
Owner Pays Heat/gas, water and sewer. Heat about $150 month yearly average. $80 month water, and $80 sewer ...
Insurance $1700/12 = $141.657
Taxes $5215/12 = $434.59
Garage bring in $250 month. X 12 = $3,000
T pay electric.
2 furnaces 80% efficiency.
$600x4= $2400 a month x 12 … (4 comments)

owner financing: Selling/Buying houses with terms. - 08/16/17 10:38 AM
I have been a realtor for 10 years now and have ran into alot of agents that will not present offers to their clients that are not the traditional bank mortgage/cash offer.  I have bought and sold many houses using Land Contracts, having our closing company create mortgages that the sell holds/ or I hold if im the owner, or just taking over there debt and making the payments for them.  These kind of transactions are called "terms" transactions.  There are 10 times more buyers that can buy with "terms" that there are with a traditional mortgage or cash sale.  Plus … (0 comments)