Hey all - first post and didn't find an identical topic so here goes:

I have a rental with a great tenant who I've had for almost 3 years. We really want to sell the place, but mostly want our tenant to buy it (she's...

This is not to say that it can not be agreed to be more, but the additional amounts will be more likely to be viewed as a financing arrangement.An option can be written as a purchase contract providing an equitable interest established in the property.

Work 12 hours a day seven days a week until the property is rent-ready.Rent it out to good tenants to establish cash flow.

Hi Jeffery,no i do not i live in NY. i am a newbie trying to establish the market i am going to start my market campaign

Due to my age, I haven't had an opportunity to establish any tangible amount of credit, limiting my financing choices.

It depends where you wish to go with your business, and whether or not you wish to establish a D&B profile with it....or obtain business credit in general.

Did you perform a walkthrough with a checklist to establish the condition?

The equation is established by the bank, and is what makes investors heads spin (because the investor does not know what the bank's calculations include/look like).

Check your math; 47K + 18K = 65K where I'm from :DYou need to establish the ARV (after repair value) from sold comparables, since that is how an appraisal will approach setting the value.

I'm sitting here thinking that before I can even think of purchasing I should have an established corp (min 2 years) before buying.