Foreclosures
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 4 years ago, 03/11/2021
Selling an investment property
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?