Rent Back

[David Ross]

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 

[Chris Seveney]

I would think you would need to discount it for more than 300k as over 60 months it equates to 5,000 a month in rent and from that standpoint I don't see it making sense for an investor