Re-Fi L/O 20 acres
Good day
One of my tenant/buyers would like to buy a farmhouse with 4 outbuilding on 20 acres that they saw for sale. Price $250K. down from $350K+. Property free and clear. Needs cosmetics, $10K, wiring etc has been upgraded. Has RE rep
offer the $250K. If owner need money down, have owner Re-fi for equity loan of $50K, pay RE rep out of re-fi and have t/b cover his loan payments in monthly rents or lease purchase. Have owner carry balance of $200K as baloon payment in 5 years?
T/B fixes up property, increases value. Go to the bank in 2-4 years to pay off owner.
Need impute to polish this structure. What would my fee be for structuring this kind of transaction with t/b?8-)
skwe-g 
Get a hold of me at Mortgagefast@hotmail.com.
I work with investors and credit challanged people. I can help you work it out.
I would need to know where it is located, What type of repairs are needed, and the amount they could put down.
Carl
I do not understand about that loan at all