Hi folks,
I've put together some figures to purchase positive cashflow properties with vendor finance, ie. 20% of purchase price repayable after 5 years at 8% or with a share of property growth.
I'm about to write a letter of offer, can anyone advise me on terms and conditions I should include in such a letter or add to the contract?
thanks,
Tim
I've put together some figures to purchase positive cashflow properties with vendor finance, ie. 20% of purchase price repayable after 5 years at 8% or with a share of property growth.
I'm about to write a letter of offer, can anyone advise me on terms and conditions I should include in such a letter or add to the contract?
thanks,
Tim