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Updated almost 9 years ago,
They Foreclosed my Landlord...deal opportunity for you?
Hey guys, I did a few real estate deals back in '08-'10, so maybe know just enough to be dangerous at this time.
I own a couple of smaller properties which are now investments, and my family and I live in a bigger, more expensive house, which we have been renting for over 2 years.
Our landlord stopped paying his mortgage, and the bank finally was able to take back the house from him. I'd like to remain in the house, and happy to keep paying our rent...to you!
Would love to find an investor who may want to acquire the house, and be our new landlord. The return on cash should be acceptable...not great. minimum of 6%...maybe as high as 8% depending on how much we end up getting the house for. At full market price, you'd be around 6%.
The x-factor is that my financial situation is unique, and we can build in plenty of additional upside for the right partner, with your downside being a safe 6%.
let me know if you're interested in discussing. I know that in a different time of my life, if I were the investor reading this ad, I'd pounce on this deal.
thanks
sean