Updated over 6 years ago on . Most recent reply
Negotiation with divorce couple
What's up BP, so I've been working a lead where the homeowners are divorcing and one wants to stay in the property until the new year. The other wants to be done as quickly as possible. I'm having a hard time trying to get them to decide on a closing date that's fair for everyone they just wont do it. Now I had one call me and ask to if we could close and somehow let the other stay in the house for the time that they needed. What do you think about possibly closing and renting back to the other spouse? Also wondering how it would work or be structured would you with hold some money after closing? I initially planned on using a hard money loan to fund the deal. This is in california if that matters.