Lease options are popular with real estate investors. Everyday we use leases, options, and notes to prepare agreements for sellers and buyers. To keep things simple, we can buy on lease option or sell on lease option. When we buy on lease option we generally either do one of two things: We can either buy […]
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 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 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 […]
Buying on lease option This is where you lease with an option from a seller (you have an option to buy), and your exit strategy is to sublease and sub-option. This is called a sandwich lease option. See Sandwich Lease Option