Investor Buyer’s Higgins Lake Roscommon
People in need are looking for homes to lease……………….
with the mortgage melt down families losing their homes are in immediate need of homes to rent. Some of these families are good folks that the economic down turn have dealt a blow to.
Investor buyer’s can make money buying properties at a discount right now, and make a substantial monthly income in rent VS bank CD and money market rates. If you are not interested in being a landlord, you can consider hiring a manager to take care of the house and property.
I have people that are looking now for someone to lease to them. This can be a win for both parties when structured properly.
As a buyer you may not even have to use all of your money. Many seller’s are turning to Land Contracts (see my post from 3-10-09 “Use land contracts to close real estate transactions”). As a buyer you may need only to come up with the Down Payment!
Disclaimer: Information contained herein is the opinion of the author. Specific circumstances may vary depending on your need. You may need to consult an attorney or CPA for advise.
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