16 photos
$365,000
6111 Gaelic Glen Dr
Oklahoma City, OK 73142
Dustin Burchfield, Burchfield Realty · (405) 230-7374
What the listing says
AS-IS Investor Opportunity Duplex with one unit currently leased at $1,450/month and second unit had a water leaked and has been gutted and is now ready for renovation. Approximately $50,000 estimated renovation; post construction rents will be $3,100/month combined. Seller financing available to qualified investors. Seller will consider first-lien owner financing or 2nd position seller financing in conjunction with bank financing. Buyer responsible for all renovation costs. Seller financing subject to underwriting, origination fee and 24-month balloon. Construction on the vacant unit will commence on October 1 unless the property is under contract. Sale price will be increased as the renovations are implemented.
See the original listing ↗This listing mentions owner financing. Terms are set by each seller and are negotiable. The description and numbers come from the listing and Zillow; confirm availability, the price and any financing with the seller or their agent.
Property Details
Property Type
Multi-Family
Lot Size
11,077 sq ft
HOA
None
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Questions about owner financing in Oklahoma City
What is owner financing for 6111 Gaelic Glen Dr?
Owner financing means the seller of 6111 Gaelic Glen Dr acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. The listing for this Oklahoma City, OK home mentions owner financing; confirm it with the seller.
Do I need good credit for owner financing?
There's no bank approval, but each seller sets their own requirements. Some check credit, income or references; others don't. Ask the seller or their agent what they need.
How much is the down payment for this Oklahoma City home?
There is no standard down payment. The seller of this Oklahoma City home sets their own, and it is negotiable. Ask the seller or their agent.