I wouldn't worry much about the discount, I've bought and sold plenty of houses from other investors where there was real meat left on the bone.I'm almost all flips now and if I had one like this I'd prob pass it on before throwing good people out of a house they love just to make a few bucks.

Personally going purely off finance alone I wouldnt sell it because there is barely any meat in that deal in order for me to sell and reposition that equity some where else.

I talked to him quickly, noted he seemed very competent and experienced, and ended up asking him to meet me at the house that afternoon.

This is something right for me at this time, It's what I want to do and what I can do.

@Alex FlowersThis deal looks good to me at $225k.

I won't do a CFD with a QCD, attempting to secure the property holding the door open for my QCD filing to be challenged or putting me at risk for doing an unlawful or wrongful foreclosure.Terms of an installment sale can be made, a note can be made representing the equity financed based on the sale price, but that note needs to be secured in another way than requiring a buyer to agree in advance to giving a deed in lieu of foreclosure.I think I mentioned, in most cases, in a default, when a borrower is presented with the facts of foreclosure and an option allowing them to do a DIL, in other words saying you would be agreeable rather than demanding a QCD, the owner will usually opt for the DIL.If there is significant equity, I have worked out a cash for keys deal many times with a QCD to avoid foreclosure.I mean, I have stood at the courthouse steps and sold properties, but I'd rather not.

Hit me back with the info at [email protected] or bump me at 713.360.8438.

I wouldn't go there @Cal C.BTW, as to leaving meat on the bone, I can pick deal as clean as a vulture without selling over market value stealing the future appreciation of a buyer, financing does not add value to any property value, ask any appraiser

--------------------Please call me at 888-876-5432 or fill out this form if you'd like to sell me something:NameAddress that you'd like to sellPhone NumberEmail--------------------I'd stick that on www.ericksonrealestateinvestments.com\buying or a URL similar to that.

Two days later the more mature tenant called me and met me at the property with all of the keys.