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Updated over 6 years ago on . Most recent reply

User Stats

20
Posts
1
Votes
Nathaniel M Cooper
  • Chicago, IL
1
Votes |
20
Posts

Sandwich Lease Option on ugly Distressed houses?

Nathaniel M Cooper
  • Chicago, IL
Posted

Im trying to weigh my options. Had an low ball offer rejected but built some rapport with her on the home. A lease option would be a great solution to her problem since she is not in a hurry to sell bit is stressed, however its an older house and needs a lot of work hence the low ball offer. Maybe even a gut rehab.

Are there tenant buyers who would fix then flip a property that is distressed? If this is the case how would I go by finding them? I understand the risk, I just need to find the buyers.

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