Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
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 almost 5 years ago,

User Stats

45
Posts
17
Votes
Jeff Cantrell
Pro Member
  • Rental Property Investor
  • Jackson, TN
17
Votes |
45
Posts

What's your creative way to sell this house?

Jeff Cantrell
Pro Member
  • Rental Property Investor
  • Jackson, TN
Posted

We have a potential tenant interested in buying one of our rental properties.  We've got about $40k in it and have owned it for about 10 months.  Rents for $800/month.  "IF" we sold it, it would have to be for at least $69k.   
I'd like to hear some creative ways to structure a deal with the potential buyer.  They can come up with $4k now or $7k in 60 days for a downpayment.  They can NOT get traditional financing, so us financing would be the only way for them to purchase a home.
We have not yet discussed purchase price.  What's the best long term play here?

Thanks in advance!

  • Jeff Cantrell
  • Loading replies...