Updated over 8 years ago on . Most recent reply
Burnt out landlord, great cash flow, need creative financing help
Wuddup! I have a family friend sick of her DUPLEX b/c one tenant, in particular, isn't paying rent- $2,200 a month! It was bought on foreclosure for $250K and is now prob. worth $350K- Top unit $2,200, bottom unit $1,200 a month. I have the inside track. But how would you structure this if you wanted to get the best deal- and how would you handle the current non-paying tenant??