Thursday, February 12, 2009

Property Performance with zero down payment option

Purchase Price $138,000

Owner Finance Opportunity:
10% down or $13,800
6.5% interest only, 3 years fixed

Prime +1 year 4 and 5.
60 month balloon. Refinance or Sell.
$16,000 rebate after closing

Bring your own lender:
Reduce 10% off the sales price.


Owner financed zero down option payment = $672/mo + (no mortgage insurance MI) + insurance + tax = $849/mo

Owner Occupant Payment Analysis = $899/mo with $4,350 down, FHA with MI, Outside Lender ------>

Investor Cash Flow Analysis on Pre-rented Property with Zero Down (owner financed)

Click Images for Larger View


All figures are estimates. Rates are subject to daily market changes. Qualifications vary from lender to lender, owner financing qualifications are different from conventional lenders as well.

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