I have a handfull of properties that I would like to get rid of. Some of them have lease purchase / owner finance tenants in them. Here’s an example deal that I would love to sell. It’s not a homerun, but I think it could be a solid single for someone.
Loan balance is $205k, appraisal is probably somewhere in the $220k range. I have a lease purchaser / owner finance tenant who is willing to purchase at $219,900, put $2,000 down and pay $1,400/mo, can re-finance in 12 months, and will also contribute $500.00 per quarter toward down payment.
It’s a super nice house in a great swim/tennis community in Dallas GA, a very rapidly growing suburb of Atlanta. It’s a 2 story, brick front traditional house. Three or 4 bedrooms, 2.5 baths, 2 car garage, nice level, flat, corner lot.
Are there any investors that would be interested in something like this?