Posted by Jay (MI) on July 10, 2003 at 15:38:15:
Terms can help weed out the deadbeats that will usually call on your ad. I would personally say “3% - 5% down, $875 monthly payment, rent credit available”. I would like to leave some room for negotiating. With the ad listed above, he probably has 7 solid applications for the property, which is outstanding. I guess it depends on how motivated you are to fill the property.