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Old 11-16-2009, 01:13 PM  
Semi-Retired-Dave
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Join Date: Apr 2004
Location: LA
Posts: 11,190
Quote:
Originally Posted by SleazyDream View Post
i put a $30,000 downpayment on a $100,000 piece of land.
Jman put no money down. just rent to own monthly payments for 49K of it - I owned 51K of it. he paid in about 16K ish over the time we owned it before I went bankrupt


i paid all legal bills to set up the agreement and paid all taxes too.

he missed 5 months of payments - read above for the rest

bank took back the land but was willing to consider letting Jman take it over....
I would have gave you 120K for the land before you lost it. I love short Sales.
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