I am looking to sell my house at a discount for the right to stay in the property for upto 5 years. it's worth $2,200,000 and i'm willing to sell for $1,900,000. Is this an option or am i all wet. i could sell but my father-in-law is 86 and we don't want to make him move at this point.
Thanks for your input
What would it rent for?
Are you planning to pay any rent?
no rent, that was why i was going to offer a discount
it has a guest house on the property that would rent for $2,000-$2500
What would you think the discount would need to be?
Lost rent plus carrying cost plus a little more
Do you know where i would search out an investor like this
Anyone capable of purchasing the house would just be shaking their head. It's nice that you want to help out your Father-in Law, but an investor can't care.
http://dnaumowicz.kw.com/ | IL Agent # 475.170710
Is this your house or your Father-in-Law's?
we need to sell before the end of the year. Just looking for ideas to stay in the house longer without giving away to much.
yes this is my house
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