Jason (AL) 1 Report post Posted August 24, 2006 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. Share this post Link to post Share on other sites
Doug Pretorius (ON) 9 Report post Posted August 24, 2006 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. Share this post Link to post Share on other sites
Jason (AL) 1 Report post Posted August 25, 2006 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 goingto work with them and try to improve their credit so they could cash you out? Share this post Link to post Share on other sites
Doug Pretorius (ON) 9 Report post Posted August 25, 2006 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. Share this post Link to post Share on other sites
MichaelC 160 Report post Posted August 25, 2006 . . .this guy also has no money, LOL! No money is where I draw the line.Hard ass! Share this post Link to post Share on other sites