----Making an Offer, House is owned Free and Clear--

[Montai Edwards]

I have a motivated seller that is asking for a cash offer on her property, is not interested in a lease option, and it does not need repairs. What calculation do I use for that specific deal to come to an offer?

[Brian Gibbons]

Originally posted by @Montai Edwards:

Jeremy: I plan to lease option it, for cash flow then the big profit when the term is up.  would like to use the built equity in it for line of credit as well for further investment. Then have the tenant pay that down through amortization. Is that ethical? How would that work?

Lloyd: she would like what she was asking for it before which was 74,900 but she tried to sell it at that price for three years, its not going to move. Especially since that value has since decreased to 71,000 (estimated).

Montai,

 Give her an offer

75,000

Payment 50% of market rent

Research "imputed interest installment sales"

Keep it as a buy and hold