Updated almost 7 years ago on . Most recent reply
Buying home in dying town in Illinois
need help friend wants to sell me his property in dying town in Illinois worth over 30k for the purchase price of 15k has a rent to own tenant that is on a 5 year contract paying 575 month. The renter has been in the property for 4months but under contract only 2. I would like to purchase put a mortgage on it use the money to purchase fixer upper locally. Also do I need closing company or some contract to close with friend? Thanks. Chris.