How likely is it for developers to make a deal on a model house?

In My Humble Opinion
1

Just wondering if anyone has done this before. Try to make a deal with a housing developer to buy his model house, and to lease it back to them. My thinking is that they would get cash to do whatever, while at the same time, I get a deal on the house while they pay me rent, and I get it after they’re done.

For example. I make a deal to buy a model home for $180,000, ignoring the minute financial details for now, lets say I ask for $1200 a month. If they wanted to model the house for 2 years, it would cost them $28,800. Isn’t this better a better deal for them if they did this? This way, they get $180,000, which could likely allow them to build two more homes, or buy heavy equiptment with.

Anybody have experience with this kind of thing?

2

I have no relevant experience, but my guess is that anyone who’s putting up a housing development already has sufficient financing in the amount of millions of dollars that he doesn’t need your $180,000.

3

The developer already has the house. Why rent it from you? He is trying to sell it, not sell it and rent it back. His benefit by your plan has already been accounted for in his markup.

hh