All Forum Posts by: Elle Oliver

@Tim Herman

Seller wants $219k (I’ll talk him down)
Owes $209k
Payments $1945 (above rents so no money to make monthly)

Interest rate 4% FHA loan
Rents around $1850
Comps around $217k
Market Value $223k

I have a seller willing to do lease option but I’m not sure how to set it up.

What documents do it need ? lease & purchase agreement?

Is it even a good deal? 

They want to set it up today before they list with a realtor...

@Will Fraser thank you so much your info was so helpful. 

It is over priced being that I’m offering owner financing, no documentation needed, including the upgrades. The homes in the area are going for $250s brand new. I don’t have a specific realtor but am willing to pay if one brings me a buyer. Maybe hiring one will be better 

I have it listed on MLS with Listing Spark. I don't think I put it on Realtor I'll try them, thanks a bunch

Nice home in Lago Vista TX

Owner financing available

1554 sqft 2017 build

Upgrades throughout

Attached garage / washer dryer hookup

$260k 7% minimum $20k DP

Market over saturated with new builds for cheaper prices but they don’t offer owner financing and my home has upgraded floors, cabinets, countertops etc. where do I post besides Craigslist, Facebook & zillow

Sorry about this, I’ll definitely redo this post. 

$67k will reinstate them and includes my fee. accelerated amount is $130k

I am not the owner, I’m assigning a contract that I have equitable interest. 

Price: $67,600 | ARV: 120k

3/2 1,000 sqft. Built 1986

Payments: $1087

Interest rate: 5.05%

Loan maturity: 5/2047

Unpaid balance: $130,676

Taxes: $3,100 

Closing set for May 31, 2019

Seller needs until June 10th to vacate

how about closer to almeda Genoa & 288? Is that area good for living? Do you live in Texas?