Re: Potential Real estate deal - comments appreciated
Looks like you will be a slum lord. Always good deals in slum areas.....
What are the neighborhood problems? And shootings? Violence? Crime?
Considering the fact that he has been burned TWICE before by lease option buyers, it may or may not be a hard sell. The 2nd option is the owner finance option which I like the most since it would give me absolute control over the fate of this property and what happens down the line.
I normally don't like to have any strings attached to the previous property owner.
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