Updated almost 8 years ago on . Most recent reply
Subject 2 vs. Wrap What would you do?
Hoping to get some input on how I should set this deal up in Texas:
1. Seller holds property in his LLC and is refinancing to his personal name so he can refinance house (according to him)
2. I am buying property that has about $5000 in equity -its a turn key property in good neighborhood that I will buy and hold and will cash flow $150 per month.
3. Seller wants to do a lease option which I am not interested in.
4. Seller wants 10% down 7 % interest.
What is the best creative financing tool to use and why and what should my concerns be to protect myself.
Thank you in advance for any assistance anyone can offer!
- Melissa Haworth
- [email protected]
- 469-658-2869