How can I buy my Landlords house?

How can I buy my Landlords house?

Investor · Wheatland, CA · Member since 2016 · 15 posts · 1 vote
I am currently renting a 4bdr. 2bath 2400 sq.ft. House that hasn't been updated since it was built in the 70's. It is one of three houses on a 300 acre cattle ranch. Through cheap rent I was able to become debt free and have offered to buy it from my Landlords. I have developed good level of trust with them, and they are entertaining the idea. I called the planning department at the county office and they said this area (Wheatland California) is zoned ag land and could only be split up into 80 acre parcels. The only other option they gave was for the owners to separate the homesteads from the land, but all three houses would still be together. My question is has anybody ever been in a situation like this before? Is there any way around the zoning, or other options. I would only want about 2-5 acres. I have a hay business, so this would be a great centrally located place to stage my equipment between jobs. Thanks in advance.
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  • Investor · Dallas Fort Worth, TX · Member since 2012 · 21 posts · 25 votes
    9y

    Jordan, I do not have experience with this type of situation but have you tried to seek help from someone local who is experienced dealing with the county and who does buy/sell in your area - it could be a broker or a lender who can help you and the current owner come up with an approach that works for all parties including the county office. 

  • Investor · Wheatland, CA · Member since 2016 · 15 posts · 1 vote
    9y
    Thank you for the advice Manish. I have talked to a local investor, and brought it up in a local REI meetup with no solution yet. I haven't thought of a broker yet but I know one in the area that I will ask. Thanks again.
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