We Buy Houses Regardless of Equity (Real Estate - Houses, Properties for Sale)

Item ID 623419 in Category: Real Estate - Houses, Properties for Sale

We Buy Houses Regardless of Equity


Real estate investor looking for properties to lease for a year or so before buying. Say for example your home was worth $150,000. The 2 offers I would make on your home would be a) 85-90% less than full value ($127.5-135k), a non-refundable option fee of 3-5%, applied to the closing costs if the option is utilized, at a little under market rent, for a 2 yr. minimum term. I'd be the tenant, but would sublease to another tenant-buyer, screened by me at their expense & approved by you, staying in the middle the full length of the lease, making sure the rent gets paid every month, even in the event of vacancy, and repairs and day-to-day maintenance is taken care of. Or b) I would locate and screen a tenant-buyer, approved by you, and assign my contract to them for a fee, paid by them. I would then be out of the picture. Here, you could get your full $150k, and a (generally) 7-10% (again, non-refundable) option fee, at or even a bit above full market rent. in plan a, my pay would be the difference between my fee from the tenant-buyer and my fee to you, so either choice, no fees or commissions, or repairs, or closing costs from you! Monthly rent payments could be adjusted to cover any existing mortgage payments...

nomad8137@gmail.com or (574)404-7368 for details


Target State: All States
Target City : All Cities
Last Update : Jan 20, 2019
Number of Views: 34
Item  Owner  : Steve Carpenter
Contact Email:
Contact Phone: 5744047368

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2019-05-25 (0.072 sec)