I have a house that is for sale with a realtor. I just purchased this house back in Jan 2005. I bought this to fix up and sale. The house has only been listed for 40 days but no bites yet.
I was contacted by an invester who wants to do an assignment lease option. He told me that he will put a renter in my house and within 3-6 months this person will qualify for a bank loan.
I’m meeting with him to discuss this option. Is there anything that I should be looking out for? The house is paid for and I’m in no financial need to sell this quick but I do want to sell.