If you would like, I could do a value check for you. Unless, this home is in a well desired neighborhood, which I can’t tell by zip code, I wouldn’t touch it. You can buy homes in Detroit for 5,000 or less. Detroit is block by block. You have to have a person who knows the area. Tracey
I think that I’ll take the path of least resistance and give them what they want. If they won’t do it, then I will go with another title company. I’m in Michigan and everybody is on pins and needles these days.
Thank you guys!
Can this system be used for investment properties that are or will be put into a landtrust. I own the properties, and I sell to RB using the land trust. How can I incorporate this system to pay off my underlying loans earlier if they are in a land trust?
Thanks in advance. Looking forward to meeting you on the cruise.
The buyers are expected to refi to cash me out in two years.
Fix up should take two weeks.
Highland Park, Michigan
Still not sure what her payment will be, but I’m charging 11.5 interest.
I like your idea about the investor providing cash out.
Thanks for your input.