Is this a good deal?

I’m renting a gorgeous home, that I’m looking to buy from my landlord. I know absolutely nothing about real estate, and my landlord is kind of unhinged and unpredictable.

The house itself is two story and spacious, the whole upstairs Is a music studio. There’s technically like 3 bedrooms, 1.5 bath, and 2 living rooms, with a small storefront on the side of the house.

My landlord messaged me with this deal: Will take approximately $25k down and a note which we would carry at 6-7% interest. We don’t want to be cashed out. The price is $195k.

submitted by /u/BlueLight3471
[link] [comments]

I’m renting a gorgeous home, that I’m looking to buy from my landlord. I know absolutely nothing about real estate, and my landlord is kind of unhinged and unpredictable. The house itself is two story and spacious, the whole upstairs Is a music studio. There’s technically like 3 bedrooms, 1.5 bath, and 2 living rooms, with a small storefront on the side of the house. My landlord messaged me with this deal: Will take approximately $25k down and a note which we would carry at 6-7% interest. We don’t want to be cashed out. The price is $195k. submitted by /u/BlueLight3471 [link] [comments]

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