1st Deal Need Help

Ok here is the scoop please give me your opinion on how you would do the deal.

compare value 160,000
sale price 160,000

0 down
1100 per month
4 yr contract for deed

I plan on doing a 2 year lease option to my renters.

how would you structure this deal any tips ?

Thanks

Comments(2)

  • MasterJ2610th April, 2005

    What is the property currently rented for? Do you currently own the property??

    Jay

  • sjhaler10th April, 2005

    I should have said appraised at not comparable .
    it is currently vacant I am going to purchase via 4 year contract for deed

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