Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 3 years ago, 10/03/2021

User Stats

10
Posts
3
Votes
Andrea Kraft
  • Realtor
  • Prior Lake, MN
3
Votes |
10
Posts

2 yr rent with buy back - Opinion Please!!

Andrea Kraft
  • Realtor
  • Prior Lake, MN
Posted

Someone recently reached out to me with a potential opportunity. This person is going through a divorce and has to sell their home, they have kids and want to stay in the property if possible. They are wondering if I would buy it from them, rent it to them for 2 years and sell it back for the same amount purchased. They would pay $2,500/mo in rent for the 2 years.

Market value is around $375,000

Would purchase for $325,000 - Would have to finance with 20% down...

Rent for $2,500

Has anyone else done a deal like this? How did it work out for you? Thanks!

Loading replies...