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Updated 6 months ago on . Most recent reply

Christian Latimer's profile image
Christian Latimer's profile image
Christian Latimer
  • from Charlotte, NC
  • Member since Nov 30, 2019
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22
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5
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Christian Latimer's profile image
Christian Latimer's profile image
Christian Latimer
  • from Charlotte, NC
  • Member since Nov 30, 2019
Connect
Christian Latimer
  • Charlotte, NC
5
Votes |
22
Posts
Buying & Selling Real Estate

Buying friends house

Christian Latimer
  • Charlotte, NC
Posted

Conroe, TX

My friend is moving. The house is in a good school district, great neighborhood. Bought in 2021. I want to buy it as a long term play. However, it would be cash flow negative if I were able to assume the mortgage or buy it with 20% down at the market price. 

Any creative ways to buy this deal that’s a win-win for both of us?

Probs worth 365k right now.

Houston, Texas
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