Asked by Craigmartinez, Wheaton, IL • Fri Apr 23, 2010
298,500 with a 60,000 down payment. They want to rent/sell it to us for 285,000. What we don't undersstand is how do we figure out what we should pay them each month. Mortgage is 1,700. They will pay the taxes and also get to claim the house on their taxes at the end of the year. How do we figure out equity,etc. Who should we talk to? We don't want to spend to much money hiring people to help.
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