How to find an investor?

A question about : How to find an investor?

I have a house in somerset worth around Ј165000, my son his wife and his children have been renting the house from me for 9 years, full market rent. I need to sell the house before October 2017 because of my age. I would like them to stay in the house so am willing to sell the house to an investor for Ј20000 less than the market value, however the buyer will have to allow my son and his family to continue to rent the house for a period of 15 years, this is when his children will have left school. Does any one have any ideas how i might find an investor who might be interested in this kind of arrangement? Thanks

Best answers:

• If you want to sell it, speak to an Estate Agent.
  Unfortunately you cannot legally tell the new owner who can live there and for how long.
  Thinking outside the box, can you not sell it to your Son and his Wife at the reduced price so they don't have to find as much deposit for the mortgage?
• Does your son work?
• Why not give your son 20k and then he (maybe) can buy it. Or cut the price by 20k and sell to him.
• in answer to your question, no!
  UNLESS
  the property really is worth what you say but you sell for a fraction of the cost. I doubt it would be too much of an issue to get a tenancy agreement for 15 years written up BUT there has to be something in it for the landlord
  most landlords would love a tenant who will say there for 15 years and pay the full market rent etc etc
• I seem to remember there being some "issues" surrounding tenancy agreements that are for 7+ years. In that tenants might have more rights but I can't be sure. I'll have a look and see if I can find something.
• What investor will want to tie up their money for 15 years?
• I don't understand why the son don't buy the house? Or is there benefits involved?
• ...and if your son stops paying the rent for any reason? Or something happens to the house? What then?
• Landlordzone
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