u/IcyMind4177

Cash offer house?

I got a cash offer for my house from a investor company, they were more interested in doing something else, they said we would buy the house from you buy putting our name on the title but your name would be on the mortgage still, and we will pay you per month your mortgage when we rent it out to a renter and also on top of that give 25K down now and also a couple hundred per month. So this is a red flag? He kept saying if we sold we would give you all equity remaining after we sell the house say 5yrs? I said no, and he said why wouldn't you want us paying you per month, plus a couple hundred, and you keep the equity if we sell after 5 hrs, and also 25k down right away?

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u/IcyMind4177 — 1 day ago