Sounds like a really smart idea.
Sounds like a really smart idea.
The ideal person would be able to qualify for a $108k home loan. Real estate debt is usually good for a credit rating, and $108k is pretty cheap for adding real estate to a portfolio.
Sounds like a great a way to survive this, if you can only find a trustworthy person & lock it down with a lease to own contract. I really hope you find someone to do this.
Me too! Mr Marty and I are both asking our brothers. My brother was pretty tied up with college expenses for his grandkids last we talked about money. He would be ideal.