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Cher Darin
  • Real Estate Investor
  • TX
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3
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Pending 'deal'?

Cher Darin
  • Real Estate Investor
  • TX
Posted

This is my first post, and I'm sooo glad you guys have this forum!! (I'll do my intro later...)

I am going to look today at a 2.8 ac tract w/creek and a few trees (nearly UNfindable in these parts) with two mobiles. Both have been updated/remodled in the last 5 years, have decks/porches, fencing, etc. I am familiar w/country properties, so it sounds like a lot has been done.

They are/have been owner occupied. They are asking $49K, will consider 10% dwn, balance at 7%. The owners have already purchased next place near grown kids, 20 miles away, but it's acreage too. SO?? (I think a little flexability may be there.)

I am basically looking at this more for myself for the land/weekend place, but might rent out one unit or both until I can relocate build something else..... I'm thinking they may be a little flexible. She said on the phone that she doesn't think anyone has $10K around here, etc. ???? when we discussed owner finance. (I know I'd likely not get financing any other way on this place!) Hmmm...

SO.. as to the $$$.. what do you think? Any tips.

I'll check back on here later today, after I look at it. It really SOUNDs pretty interesting.

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