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Updated almost 10 years ago on . Most recent reply

Account Closed's profile image
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Account Closed
  • from Cape Canaveral, Florida
  • Member since Sep 16, 2012
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Cape Canaveral, Florida
  • Member since Sep 16, 2012
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Account Closed
  • Cape Canaveral, FL
0
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Buying & Selling Real Estate

Buying Model Hiomes

Account Closed
  • Cape Canaveral, FL
Posted

Has anyone every bought a model home and rented it back to the developer for 1-3 years while developer finished the development project?  What are the pros/cons?  Initial terms are:  purchase price $450,000, rental income $36,000/year.

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