Buy House For $379,900.00. Sell To Me W/Owner Fin For $450,000

[Johanna Anderson]

How would you like to lock in a profit of $71,000.00 by buying and holding a short sale for four years? 

Buy 10709 Lorain Avenue, Silver Spring, Maryland, for $379,900.00, and sell it to me with a four year balloon for $450.00.

I can pay between $10,000 and $20,000 down (not sure yet of exact amount I'll have).

I'll pay $1,800.00 per month, with $300.00 of that amount going towards the purchase price of the house.

I'll assume all responsibility for repairs 90 days after moving in. Will take the house in As-Is condition (no AC, electric baseboard heat).

I'll cash you out in four years, or you take back the house with all of my renovations and keep the down payment.

Thanks, Johanna

[Jay Hinrichs]

be interested to see if anyone takes you up on this. COC and resale to you would Make zero sense. but maybe someone who can get a mortgage and leverage may be comfortable with this.. the 1,800 a month is probably is about 5.5 % interest return if someone does all cash ( not bad) as the risk could be low.

Someone might like this in a SIDRA 

good luck