Wholesaling lease options
Does anyone in the community do this as an agent? Seems like a good alternative if the seller doesn’t have much equity or wants full asking price.
The operation in a nut shell is that you:
1. Market the property with the Sellers permission as Rent-To-Own
2. Find Tenant Buyer (who the Seller approves of)
3. Assign the contract you fill out with Seller to the Tenant Buyer
4. Collect your Option Fee Down Payment.