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
Buying & Selling Real Estate
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 10 years ago on . Most recent reply

User Stats

70
Posts
18
Votes
Timothy Cervantes
  • Fresno, Ca
18
Votes |
70
Posts

Buy home and assume SOLAR LEASE?

Timothy Cervantes
  • Fresno, Ca
Posted

We are in escrow to purchase a home which has a leased Solar system with Vivint.  The lease could be assumed if I pass their credit requirements but I DO NOT want to assume this lease as it does not make financial sense for me.

Has anyone done this?  I found one thread where the OP bought a FORECLOSED home and purchased the system for 5k.  Maybe ask the seller for a credit?  How much of a credit should I be asking for?  i know that question can't be answered without some details.  2100 sq ft, Offered 255k accepted (asking price was dropped 34k before our offer).  Sellers moved out of state and are carrying two mortgages.  Last sold (according to trulia) in '99 for 199k.

Anyone have any input or suggestions?

Loading replies...