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Updated over 8 years ago on . Most recent reply
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Need Help Choosing The Correct Option
I have an individual wanting to rent my 5 bedroom house to workers hired in to this country. He said they will repair and upgrade the house and I see the value of the house appreciating in 2-3 years.
OR
Option 2 Land contract for 3 years with a balloon payment. His payment same as renter. He is putting 20,000 down on property.
any feedback from the big boys appreciated.
Thanks,
Karen
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Brian Gibbons
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Seller financing w a note and mortgage, 20 per cent down, 5 yr balloon
Don't let anyone repair your house with a lease option or a land contract