- PerthPropertyHunterParticipant@perthinvestorJoin Date: 2014Post Count: 12
Hi all, I am needing some new input. I am trying to help a seller. She wants to sell for $540,000 but the market has dropped to $490,000 – my thoughts if she had a buyer make rent/payments for a couple of years and purchase for $540,000 then that would be good. The problem arises if the property value does not come in at this at the time of purchase. In other ideas/strategies? (The property is in Perth and possible that a $50,000 gain in that time is a bit unlikely, also the property is renovated so no value add done possible that way)TerrywParticipant@terrywJoin Date: 2001Post Count: 16,058
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