6111 Gaelic Glen Dr
Oklahoma City, OK 73142
6
Bedrooms
5
Bathrooms
3,409
Sq Ft
1980
Year Built
About This Property
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.
Property Details
Property Type
Multi-Family
Year Built
1980
HOA
None
Listed Price
$365,000
Owner Financing Terms
Why Owner Financing?
- ✓ No bank qualifying
- ✓ Bad credit OK
- ✓ Fast closing
- ✓ Flexible terms
Free account - No credit card required
Frequently Asked 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. This property in Oklahoma City, OK is available with owner financing terms.
Do I need good credit for owner financing?
No! One of the biggest advantages of owner financing is that you typically don't need to qualify through a bank. This makes it possible to buy a home even with bad credit, no credit history, or self-employment income that's hard to document.
How much is the down payment for this Oklahoma City home?
Down payment terms are negotiable. Sign up for free to get the specific financing details for this Oklahoma City property.