Payments On CFD Sale

How much of a payment spread are you getting? As much as you can get, obviously, but what *can* you get?

I know of an investor in IL who asks for 1% P & I on his CFDs (as of last year), along with almost zero down (closing costs + 2-3 points). I don't know if he still gets that, but it's recent enough to take notice. That would work out to $2000 per month for a $200k property. Is that likely to be way too high?

Comments(1)

  • nebulousd30th March, 2004

    It all boils down to what your area can bear. If you know your market, you will know what you can get.

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