...(are) of a home I just bought in order to to rent out with option to buy. I would have bought it even if I hadn't already had a lease-option buyer before I closed escrow, but I actually did get that renter, which was lucky.
I advertised on the web and I was able to get private financing too. Should make a couple of hundred/month, as well as about $5K after a year or so renting.
I'm giving the renters $150/month of their $650 rent toward equity (read: their down-payment at the end of the option). I may simply owner-finance it myself too, if I can get a decent rate (7-8% (many owner-lenders are getting from 9-11%)--just for a while, until the renters can get their own better financing).
Anyway, there are lots more homes around here for sale like this on my website. I sold this one for $44K, fully furnished (That's how I got it--from a quasi- probate).
Want to know more about this easy way to build a real estate portfolio. There are lots of things to buy that teach you, but I'm free! Leave me a message at: jimgive@gmail.com and I'll send you my sites free. (Opt-out at anytime, but I believe you'll find them very interesting, indeed).
--Jim
MVI 0405
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MVI 0405
Laney's CRK training
From: Jim McGivern
Views: 394
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Time: 02:45 More in Music
9 years ago

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