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Buying & Selling Real Estate

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Derek Carroll
  • Syndicator and Fund Manager
  • Victor, NY
344
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760
Posts

Help me structure a deal

Derek Carroll
  • Syndicator and Fund Manager
  • Victor, NY
Posted Jul 1 2014, 06:03
I have a motivated seller with a house that's worth about $70k looking to sell for $50-$55. Not really a lot of room for a flip or a wholesale. There is zero debt on the property. What other strategies can I try here? I'm thinking about possible owner finance and then rent it out but seems like a lot of hassle just for a couple hundred dollar spread per month. Is a lease option the same thing? Any other plays here? Thanks for the help.

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