Need investor help!!
Property consists of 1999 doublewide MH. 1220 sq. ft. with 3/2 on fixed foundation, barn, and other horse amenities. Available for $129,900 with 10 acres or $174,900 with 23 acres. Should appraise at least for asking price.
Past credit probs, can't qual for more than 85% LTV. Can show $1,000 rent for past 15 mths with no 30 day lates. Approx. $7,500/mth, self-employed.
Need to find investor to buy prop. (either 10 or the 23 acres) and lease/option to us for 1-2 years with no early purchase penaltiies, while we get credit straight and downpayment saved. Deposit of $5,000-8,000, going toward purch, with move-in at end of May. Rent negotiable with portion towards purchase.
Already under purchase contract with realtor, but expires Tues, since we can't get financed for more LTV.
If anybody thinks they could help, please e-mail me ASAP!! Out of time! The prop. is in NC. Thanks!!!
I might be able to help out. Email me at cjfeath@aol.com