Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 9 years ago on . Most recent reply

User Stats

19
Posts
6
Votes
Martine Richardson
  • Investor
  • Richmond, VA
6
Votes |
19
Posts

Subject to deal advice

Martine Richardson
  • Investor
  • Richmond, VA
Posted

Hi All,

I'm working on my first subject to deal and the owner has a problem that I'd like other investors input. The owner needs to sell her house because she no longer has help paying her mortgage and her house will go into foreclosure. The owner is retired and lives off her social security check which isn't much. She'll need a place to stay when we close on the house. I don't want to put the lady out without helping her. Since she doesn't make a lot of money, she can't afford to pay much in rent. What would be you alls suggestions as to a solution for making sure she has somewhere to stay? I was thinking about suggesting her to another investor that may have a place she can rent out. Her income is only a little over $800 a month. 

Any advice will be appreciated!

Thanks,

Martine

Loading replies...