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Updated almost 2 years ago on . Most recent reply

User Stats

23
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6
Votes
Bradley Babineaux
  • New to Real Estate
  • Lafayette La
6
Votes |
23
Posts

Lease Purchase? or LTR?

Bradley Babineaux
  • New to Real Estate
  • Lafayette La
Posted

So I am working on a deal that the seller may be interested in doing seller financing. The purchase price is 55k. Thinking of a 7 year amortization.

I may have a buyer lined up to buy it right back from me. My question is: How do I figure out how to structure the deal with my buyer for me to make money?

Lease purchase? and the house needs some TLC so I can put in the agreement that her would cover all repairs?

Or would I be better off renting it long term?

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