New Hampshire - LOWER PRICE! DELAYED PURCHASE, rent for up 24 mos before purchasing

LOWER PRICE! DELAYED PURCHASE, rent for up 24 mos before purchasing

ID: #1707367
Contract Type: FOR RENT
Last Update Date: 2023-01-09

THIS IS NOT A STANDARD RENTAL!
DO NOT RESPOND IF YOU DO NOT INTENT TO PURCHASE THIS HOUSE WITHIN 24 MONTHS
Delayed Purchase of $285,000 on this 3 bed/2 bath home with in-law suite at 7003 Canterbury Rd, Loudon, NH 03307. Zillow calls it a 2/1, that doesn't count the in-law suite, complete with kitchenette.
Sublet the in-law suite and pay most of your rent!
We offer a program that could allow you to get into a home that you'll soon call your own. When the bank won’t lend to you we are here to help you on your road to homeownership. A great alternative to conventional financing and the PERFECT deal for a contractor or handyman lacking a W2. The place needs work, but is livable. These deals are VERY POPULAR with contractors or folks not afraid to tackle a project.
New roof a few years ago and and new septic system 10 years ago. Has a pool and a barn, both needing work.
We offer a DELAYED PURCHASE which entails LEASING the property with the intent to purchase within 24 months.
All utilities, repairs, materials and maintenance (other than heat, power and hot water) are your responsibility. Snow removal and lawn care are on you, that's the trade-off for this GREAT OPPORTUNITY!
If you're currently unable to qualify for financing due to low credit, insufficient down payment or that W2 problem, this is a great opportunity to get you into a home you will call your own.
Lease amount is $2500/monthly with a purchase price of $285,000 within 24 months. After Repair Value of $400k. Have comps to back this up.
An $8,000 non-refundable down payment is required upfront. This gives you the right to purchase the property and restricts me from selling to anyone but you. We'll have a purchase agreement contract that closes in 24 MONTHS. You retain the right to walk away at any time, should you choose to do so FOR ANY REASON.
You'll be expected to reasonably fix up the home within 6 months. Details will be discussed.
Qualification is an interview with my mortgage broker and their opinion if you will have the ability to purchase the property within 24 months.
Email CL or call/text 978-212-915zero
Paul Martin
My Three Sons Investments, LLC