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Updated about 9 years ago on . Most recent reply

Darryl Givens's profile image
Darryl Givens's profile image
Darryl Givens
  • Rental Property Investor
  • from Wichita, KS
  • Member since Jun 30, 2014
  • Posts 9
  • Votes 1
  • Experience 15 Yrs
  • Investments 1
Connect

User Stats

9
Posts
1
Votes
Darryl Givens's profile image
Darryl Givens's profile image
Darryl Givens
  • Rental Property Investor
  • from Wichita, KS
  • Member since Jun 30, 2014
  • Posts 9
  • Votes 1
  • Experience 15 Yrs
  • Investments 1
Connect
Darryl Givens
  • Rental Property Investor
  • Wichita, KS
1
Votes |
9
Posts
Buying & Selling Real Estate

Buy to Prevent Forclosure Carry to Sell Back

Darryl Givens
  • Rental Property Investor
  • Wichita, KS
Posted

I've been asked to buy someones house who may lose to bank due to divorce.  They want me to buy and lease to them for a year to rebuild credit and sell back to them.  Looking for ideas to structure this as well as cost I should apply for doing it.  They have roughly $30K-$40K equity in the home.  Estimated at $160K with $110 owed.  Any thoughts on a fair rate and structuring.

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