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Hi all,
If anyone has used Bitcoin to purchase real estate I would love to hear about your experience.
Obviously it is easy to use Bitcoin when dealing directly with a seller who owns the property free and clear. However, I have not been able to find a title company who is willing to take Bitcoin directly, without first converting it to cash.
Any experiences would be greatly appreciated.
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Bitcoin Loan Needed:
Contract for Deed for owner occupied Duplex in the Minneapolis Lakes area. I will live in this Duplex as I rehab it, and hold until I take out a mortgage to repay investor. I can repay in Bitcoin or USD.
Investor would be primary lienholder on property until note is satisfied. Promissory note included. If I default on the loan repayment terms, investor takes property. 2-5 year note No prepayment penalty 6% Interest (negotiable) $315,000USD
I am also a licensed Minnesota Real Estate Broker and willing to help buyers purchase property in Minnesota using Bitcoin.
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