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Updated about 4 years ago on . Most recent reply

User Stats

16
Posts
2
Votes
Isaac B.
  • Real Estate Agent
  • Orlando, FL
2
Votes |
16
Posts

Selling an investment property

Isaac B.
  • Real Estate Agent
  • Orlando, FL
Posted

I have this investment property that's cash flowing a little and is gonna need a new roof probably in the next few years. I've owned it for a couple of years now, always been rented. Got good tenants in there now that have expressed interest in buying it! This property was a good buy because it has appreciated well in value and it's continuing to. 

My thought process is to set up the tenant on a lease to buy contact so he can continue to rent for another year and can buy it a year from now when the value is even higher. I plan on using the capital next year for another investment. 

Anybody has experience with such contracts or any thoughts on this?

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