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Cheryl J McGrath
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Seller financing options

Cheryl J McGrath
Posted

Seller Financing 

I am the buyer with 30 days to purchase the property and want to simultaneously market it as rent-to-own,  how can I structure the process effectively:

Can I structure the deal this way, so I can secure a tenant-buyer while working to close on the home myself,  minimizing my risk and creating a win-win situation.

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Tom S.
  • Real Estate Investor
  • Burlington, VT
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Tom S.
  • Real Estate Investor
  • Burlington, VT
Replied

@Cheryl J McGrath Personally I don't see why any RTO buyer would enter into an agreement and put down money if you don't own the house yet. If the R2O buyer gives notice on their current place and your deal falls through at the last minute, those tenants would be scrambling to look for a place to live.

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