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Sherry Byrne
  • Ozark, MO
0
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6
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Selling my package of homes

Sherry Byrne
  • Ozark, MO
Posted

Hello, fellow Bigger Pockets Investors

I am considering selling my package of 45 rental homes. I have researched the current market values. And, of course, I know the monthly gross rents, etc. So how do i figure a way to sell them? 

It may be best to not take a big cash-out all at once, due to tax implications. And I may want to see the outcome of the elections before I actually sell them. Any advice?

( I hesitate to give actual numbers here, since many people in my area are on Bigger Pockets and i would rather keep my information private until I am ready to go with this.)

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512
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Jeffrey H.
  • Houston, TX
338
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512
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Jeffrey H.
  • Houston, TX
Replied

Why not Owner Finance to another investor using terms that meet your financial objectives (e.g. 1MM loan amortized at 30 years with a 10 year balloon)?

Vet your Buyer carefully...

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