Sounds like a pretty good deal, huh? Too good of a deal. A posting on Craigslist from “Rev. Robin Beaty” of West Africa says you can rent this Ballard home for just $900 a month. Just send him the cash and he’ll mail you the keys. “Perhaps the reverend is aware that a 30 year loan with 20% down and a 5% interest rate, his rental pricing comes out to nearly exactly half of the $1,868 a month our brand spanking new mortgage calculator predicts you’d pay for your payments if you bought it,” explains the real estate blog Estately. Turns out the reverend also has a house in Sacramento he’ll rent you. Yeah, right.
Rent a Ballard house for $900 a month?
