Lease Option When Buying
– Rent to Own Concept
Rent to own concept Well, rent first then own, right? If you are going to rent a house, and then buy it, you would need an agreement for that. First agreement is to rent a property with a lease, that would discuss how long and how much. Let’s say that you had a term of […]
– Negotiating the Deal for a Sandwich
Negotiating the Deal for a Sandwich A sandwich is a sandwich lease option or a sandwich land contract. You’re acting as a middleman. So here’s an example. Let’s say the property is worth $100,000. Market rent is $1,000 a month. When you do the sandwich, you have to negotiate a sales price less than $100,000 […]
Lease Options to Control
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 […]
Buy on Lease Option
Buying on lease option This is where you lease with an option from a seller with an option to buy, and generally your exit strategy is to sublease and sub-option. This is called a sandwich lease option. You can also assign the paperwork to attend buyer. This is called a lease option of something or wholesaling lease […]