Rent to own structure … can get about $2K/month rent , In 2 years purchase price would be $227K. Buyer A Tenant buyer (to buy to live in it) cannot qualify for financing today so we collect a down payment from them , Buyer B INVESTOR buyer puts a down payment and then rents it to a tenant for cash flow. Current mortg.payment is $1600 , Investor buyer would pay double insurance amount (has to pay sellr’s current insurance plus their own insurance for property). 3rd party servicing company handles rent payment disbursement. Closing date would be on or before 1.5 years. HOA is $290/month
ARV: $250,000.00
Asking Price: 260,000.00