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Updated 5 months ago,

User Stats

8
Posts
2
Votes
Chris Antonelli
2
Votes |
8
Posts

Want to sell and stay for 4+ years

Chris Antonelli
Posted

Own a home in desirable country club community outside of Washington DC.  Want to sell and stay for at least 4 years until kids in college.  Reason:  Want to access equity for new business but credit not good so selling and finding a rental not a good option.  Proposal 1:  Sell well below market value and stay either rent free or very low rent while continuing to be responsible for all repairs and upkeep.  Proposal 2:  Sell at market value and prepay 4 years of rent from the proceeds, standard lease terms. Thoughts?

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