Updated over 3 years ago on . Most recent reply
Potential Wholesale Deal
I just made an offer on a house and the seller would like for someone to buy it and lease it back to him. He answered with the following: "Can I rent it back at 10% per year for 10 years payable per month and pay 6 months upfront???" Then after saying that I just wanted to buy it outright, he said the following: "If I give you a first right of refusal to buy the house back plus 20% over market, if I rent it back from you, would that make a difference???" So my question is: Is this something that would be attractive to an investor?