Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 8 years ago on . Most recent reply

User Stats

4
Posts
0
Votes
Kimberly Douglas
  • Lakewood, WA
0
Votes |
4
Posts

Questions about creative financing, lease with option to buy

Kimberly Douglas
  • Lakewood, WA
Posted

Hello everybody my name is Kim Douglas and I have a question about a potential deal. I am a new real estate investor and I have someone bring a situation to me regarding a house they want to buy that I'm not sure if I can make a deal or not. They are trying to purchase the home that they are currently renting which is on the market. The sellers are financed and they're ready to close but when they did the last final check additional debt was found and they have to pay over $5,000 in order for the loan to close. I was thinking about doing creative financing for this deal potentially offering a lease with an option to buy. I spoke to the tenants who would like to buy the property. I have not spoke with the sellers yet. I wanted to ask the question first. Can I help them and somehow make this deal work? Any helpful advice would be greatly appreciated. Thank you so much.

Loading replies...