Calling all Creative Thinkers...
How can I turn this into a win-win?
This is a potential exchange deal. For info on exchanging, see the formula thread or the realtor thread.
I have: a SFR
value: 575,000
loans: 280,000
equity: 295,000
motivation: high. want to put equity to work
could add some cash
I want: Self Storage
asking: 890,000
loans: 690,000
equity: 200,000
motivation: high. divorce. neither party wants property. currently negative cashflow.
Question: How can I put this together so that they can unload the "alligator" and go their seperate ways... and I can unload my sfr?
Would love some brainstorming on this...
What benefit can my sfr give them?
How can I turn this into a win-win?
This is a potential exchange deal. For info on exchanging, see the formula thread or the realtor thread.
I have: a SFR
value: 575,000
loans: 280,000
equity: 295,000
motivation: high. want to put equity to work
could add some cash
I want: Self Storage
asking: 890,000
loans: 690,000
equity: 200,000
motivation: high. divorce. neither party wants property. currently negative cashflow.
Question: How can I put this together so that they can unload the "alligator" and go their seperate ways... and I can unload my sfr?
Would love some brainstorming on this...
What benefit can my sfr give them?
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