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Doug Pretorius (ON)

My Pure Option Journal

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I'm starting to think I'm going to end up with a camp of RTO buyers and a camp of cash sellers, and no way to bring them together!

 

 

On the contrary my Canadian compadre!

 

What's these RTO buyers' credit like?

Anyway for them to purchase with owner financing (as opposed to RTO)?

There is a way to bring these tangibles together.

 

Think, my man....think.

It's there.

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Jason, their credit? It's bad...real bad. Last guy that went ahead with the credit app process had a score of 462 with debt up to his eyeballs.

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Ouch.

There are possibilities, but only if the buyers have marginal to good credit (600+ ish) and a reasonable down.

 

I'm curious though, if it were possible to create a SLO deal, were you going

to work with them and try to improve their credit so they could cash you out?

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Yeah, I don't care about credit or debt when it comes to RTOs. However this guy also has no money, LOL! No money is where I draw the line.

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