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Updated over 8 years ago,

Kevin Hardman's profile image
Kevin Hardman's profile image
Kevin Hardman
  • from Roselle, Illinois
  • Member since Apr 16, 2014
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Kevin Hardman's profile image
Kevin Hardman's profile image
Kevin Hardman
  • from Roselle, Illinois
  • Member since Apr 16, 2014
Connect
Kevin Hardman
  • Roselle, IL
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Creative Real Estate Financing

Probate and creative financing

Kevin Hardman
  • Roselle, IL
Posted

Was trying to do a lease purchase with this property until they said it couldn't be done since house in probate.  Daughter owned house, and parents are heirs.  They wanted $350k with the lease purchase.  House worth that - maybe a little more.  House has a mortgage of $325k with payments of about $2300.  They wanted $2600/month in the lease purchase.

Is there anything salvageable here creatively?

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