Thanks, I’ll take that in consideration and explore that option. I was also considering borrowing from 401K 10 yr loan at ~4.25%. 10% on a ~500K property is then about $500 a month. I just don’t know if the sellers would bother with something like that, or take that risk, even if they have the wherewithal. I wouldn’t – I’d wait for a buyer that doesn’t need my help, there are plenty. Finish the sale neatly and cleanly. Just me.
So, BG, what were the rules/questions you would ask for 30+ yr older properties, that are different than the ones before?