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Updated almost 5 years ago,
Helping sellers in a buyers market
Although there will probably be plenty of opportunities for investors in this rapidly changing market due to the impact of COVID-19 and I like opportunity just like the next person, I would really like to help sellers keep their homes if possible. So, are there investors who would buy a home and rent it back to the seller and defer their rent a few months or so (obviously because of this specific situation)? Assuming the buyer got a discounted price that was worth it to them and satisfactory enough to the seller, and the buyer has reserves, it seems like this could be a win-win. Buyer gets a new property and will hopefully appreciate and seller gets to stay in their home. Because I know a lot of potential sellers as well as cash buyers. I’m sure this is not a new strategy...? I wanted to get some thoughts about this from the BP community. Thoughts?