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Updated over 9 years ago,

User Stats

36
Posts
4
Votes
Shelly Smith
  • Real Estate Investor / Owner
  • Raleigh, NC
4
Votes |
36
Posts

Need Help on Structuring a Deal!

Shelly Smith
  • Real Estate Investor / Owner
  • Raleigh, NC
Posted

I have a seller who is going through foreclosure and seeking to sell his home. He needs the full amount now. He currently has a tenant in place who is willing to either continue the lease or purchase the home under a lease option (both have spoken to me about help). Would you first purchase the home from the seller using a purchase agreement, then find a buyer to assign the contract to and let the tenant work with the new buyer on a lease option after close or how would you structure that deal? 

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