I am excited!
So today I went to look at a foreclosure that my real estate agent wanted to show me. He knew I was looking for owner carry type of deals. So there is a foreclosure that is listed at about 67,500. It needs a lot of work. There is an offer on the house from this cash buyer, who will turn around and do owner carry. I don't know what he is offering, but this house needs a lot of work. Mostly cosmetic. It is in an ok neighborhood. My agent says that it would probably rent for 700-750 per month. I have no idea what to offer to the cash buyer. I am going to make an offer tomorrow, but was wondering if I could get some input.