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Updated over 8 years ago on . Most recent reply

User Stats

68
Posts
12
Votes
Shamus Quirk
  • Real Estate Agent
  • Newburyport, MA
12
Votes |
68
Posts

I want to buy my house from my landlord!

Shamus Quirk
  • Real Estate Agent
  • Newburyport, MA
Posted

I want to buy the house I have been renting from my landlord for the past 3 years to live in and eventually have it as a rental property.  He still has a mortgage of just under $210,000 on it and that is probably about market value.  I'm looking for ideas on how to structure the purchase without using conventional methods, aka a bank.  I was thinking about a subject to but it seems like that would be a better short term solution than something for the long run.  Does anyone have some creative methods that might work in this particular scenario? @Brandon Turner ?!

User Stats

68
Posts
12
Votes
Shamus Quirk
  • Real Estate Agent
  • Newburyport, MA
12
Votes |
68
Posts
Shamus Quirk
  • Real Estate Agent
  • Newburyport, MA
Replied

It is probably also worth mentioning that he is on the same page if we can structure something that works.