L/O I hope - Posted by AL R

Posted by AL R on April 12, 1999 at 20:41:54:

I have a deal presented today $140,000 sale price will sell for $130,000 cash $95,000 1St (I am not sure if assumable)Rented month to month at $1400.00,he said they will stay for 1 more year.I would like to take over 1st offer 2nd at $30,000 and sell it at closing to take him out.He doesn’t want to hold paper.If I could get tenants for 1 year great but they don’t want to buy.Any taker’s on second ?How should I offer 2nd to sell it at closing ?