What are some creative ways to make this a deal?
Hey,
I found a lady (Call her Sarah) who is desperate to sell her rental home.
Here is the rundown:
-Sarah owns a 4bd 1bath SFH in a C neighborhood
-Sarah owes $75,000 on the house, and the house is worth maybe $65,000
-The house has been occupied for several years by a couple paying $850 month
-The couple wants to buy the house, but they have bad credit
-The couple pays on time
-House is updated and kept up
Is there a creative way to make this a deal? Have her go a short sale route? Have her make up the difference? I could sell the house on a note to the couple?
Any suggestions from you seasoned investors?