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Real Estate Deal Analysis & Advice

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124
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Rick Reeder
Pro Member
95
Votes |
124
Posts

Help parents via seller finance?

Rick Reeder
Pro Member
Posted Oct 21 2019, 06:08

Hey BP community. My parents are retired and on a fixed income. They have a small mortgage on their home that is worth about $225K. I’m looking for a creative way to provide them with some cash flow, maybe via seller financing where I would buy the home and let them live in it. But I can’t afford to let them rent-free. Any creative ideas I haven’t thought of? Thanks!

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