Lease Options to Control
Using a lease with option to control a property is one of the easiest ways to make money in real estate.
Let’s say that you find a seller that needs to sell, and they don’t want to rent it out and they don’t want to list it with an agent.
- You offer to lease with option from them and either one of two things:
- You will find them qualified attentive buyer and assign the paperwork to them for a fee.
- You will stay in the middle of the transaction which is called a sandwich lease option, and sublease and sub option. You will profit with the difference between the option consideration, the difference in rents, and the difference in strike prices at the end of the transaction.
