Forums / Property Investing / Creative Investing / Rent to Own Problem

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  • PerthPropertyHunter
    Participant
    @perthinvestor
    Join Date: 2014
    Post 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)

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,058

    If that was the case she would still have benefited by receiving rent – which would presumably be above market.

    Terryw | Structuring Lawyers / Loan Structuring Pty Ltd
    http://propertytaxbook.com.au/
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Aust wide) http://propertytaxbook.com.au/

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