Rehabbing & House Flipping
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated 10 months ago,
Lease Back Option Strategy
I have a seller interested in selling her property at a 25% discount (less fix up costs etc.)due to an illness and need for money fast. However, she wants to stay in the property for a year. The price of the house ($1.4m) requires me to secure hard money lending to purchase. I can't figure out how to profitably make such a deal work? The market rent I would charge her does not cover the cost of lending. I would really appreciate any feedback on options that may work in this type of arrangement. Thank you everyone, appreciate you!!!