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How do i find a property investor? |
I need a property investor to buy my home for 300,000.00 I am carrying 40,000.00 I need to rent my home from this investor for two years when I will be able to buy it back. The guy you find will likely want a huge return. If your house is worth $300,000 and you will "carry" a $40,000 second, then you must owe $260,000 on the house. an investor will only buy this and rent back to you if you meet the criteria they need...which is 15-20% discount on the value of the house and pay 125% of the mortgage as rent otherwise its not worth their trouble..remember they are this to make money too...go on yahoo and do a search.. there are many companies that buy and rent back...but this is the criteria you have to fill to get one of the investors There are real estate investment groups and associations in many metropolitan areas throughout the United States. |
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