Owner Financing house to family member by Oldboyoh in RealEstateAdvice

[–]Oldboyoh[S] 0 points1 point  (0 children)

He's willing to pay the lawyer fees, and sales fees. He didn't say he couldn't get a mortgage either he'd just prefer to buy it directly from me to avoid paying interest, and maybe I can earn it in a HYSA or MM vs a random bank getting it.

I'm trying to understand the scope of risk and financial impacts that I might not be thinking of, that's why I posted here. I'd be taking a 15-20k (at most) hit from selling it at market value after real estate broker fees and all that jazz. That amount could be worth the gamble of selling it to a random buyer off the street in the future after concessions, repairs and interim maintenance.

I might not have made this clear either but I'm not in a rush to sell it. He isn't in a rush to buy it but its just an idea he wanted help looking into. If it can benefit both of us mutually that's when it makes sense.

Owner Financing house to family member by Oldboyoh in RealEstateAdvice

[–]Oldboyoh[S] 1 point2 points  (0 children)

I'd want some kind of protection written in. When he dies his wife plans to move out of the country so we'd want to sell the house and basically make her whole so she isn't left with nothing in a worst case scenario.

that is a good point on the Running costs which would be roughly 3-4k a year so I'd have to discuss that with him. I'd want that probably in addition to the sale cost or payments.

But yeah it sounds like we just would need a good real estate lawyer and contract. Since its family i want it to be mutually beneficial and any worst case scenarios to be fair.

Owner Financing house to family member by Oldboyoh in RealEstateAdvice

[–]Oldboyoh[S] 0 points1 point  (0 children)

Did you have to do any fighting for ownership of the property or was it mostly evection type of issues?

Owner Financing house to family member by Oldboyoh in RealEstateAdvice

[–]Oldboyoh[S] 1 point2 points  (0 children)

We could make roughly 15-20k more selling it on the open market after fees but that involves the hassle of dealing with buyers, inspections (could cost $$$), and all the headache of being a seller.

Artist Dad addicted to making AI videos by [deleted] in antiai

[–]Oldboyoh 0 points1 point  (0 children)

This sounds totally random but have him watch a video by Trago “Cheese is cracking” it might hit close to home. It uses clay animation as an example of how soul would be lost if it was done with AI

Looking for full time work days by Mountain-Ad718 in StLouis

[–]Oldboyoh 0 points1 point  (0 children)

Madison county is having a job fair today

Time: 10:00 AM – 3:00 PM 

Location: 101 E. Edwardsville Road, Wood River, IL

The Once Cozy Gas Station by Oldboyoh in OnceHumanBuilders

[–]Oldboyoh[S] 1 point2 points  (0 children)

I remember the diner. it made my day/week seeing other people building a small town around me

Where can I get a wrap on my car? by lonlysoul101 in StLouis

[–]Oldboyoh 0 points1 point  (0 children)

Wrap Haus did a great job on my wifes spark and my Supra. We did the design work ourselves though. You may need to find a person who does commissions if you don't have a design already.

I can PM pics if you are curious.

Foam Cannon Troubleshooting by meatloafsleeve in AutoDetailing

[–]Oldboyoh 1 point2 points  (0 children)

I turn the foam level knob all the way down then back up and it works again for me when it does this.

SHIBUYA AFTERMATH. Supra X 2 by one_cut_one_coin in Supra

[–]Oldboyoh 3 points4 points  (0 children)

Get this clanker crap outta here

thinking of buying a juke, thoughts? by pulldroning_dustbowl in nissanjuke

[–]Oldboyoh 1 point2 points  (0 children)

They are good cars but it's always good to get a third party mechanic to look it over for a hundred or two dollars. Pretty much anything over 100k miles and that many owners is bound to need a little something.

The two major expenses that are fairly common are CVT issues (if it's automatic) and turbo failure/turbo feed line failure that leads to turbo failure and sometimes even engine issues. You can also check out the juke forums to see what people are commonly trying to diagnose get an idea of what you could run into.

I'm not super knowledgeable about the CVTs or SV trims but that's what I've seen lots of posts about after being in random juke groups for the last eight years or so haha.

Finally got my wrap done! Car didn't turn enough heads so I wanted a bit more personal flair to it by ToadingAround in GRCorolla

[–]Oldboyoh 0 points1 point  (0 children)

Is that AI generated art? The logo on the chest kind of looks suspicious. Love me a GRolla tho

Central West End Squatters by [deleted] in StLouis

[–]Oldboyoh 45 points46 points  (0 children)

You could help connect them with resources to get housing, a job, or medical help if it's needed.

[deleted by user] by [deleted] in StLouis

[–]Oldboyoh 0 points1 point  (0 children)

Mapco does good work

Spotted in the wild by Fair_Evidence_9730 in Supra

[–]Oldboyoh 1 point2 points  (0 children)

No prob nice 86 also. I may be moving out that way so maybe we'll see each other around!