Updated about 10 years ago on . Most recent reply
Yes or No to this opportunity
I would like some feed back on this scenario;
My client located a home that meets their needs and is in their budget, however they need an owner finance and the property is not one. The asking price is $135k. If a buyer made a cash offer on the house for 5k less than the ask and it was accepted and then sold it to my client for 2k over the original ask. The client put 15k down and agreed to a 6 month lease at 1500/month. Then closed on the sale, with OF at 9%. What are the pros and cons of this scenario?