Wholesaling lease options

[Tony Lueken]

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.

[Darius Ogloza]

I suspect trying to persuade a typical seller to accept a "great renter" alternative will be very hard to do.  Most people do not want the "headache" of holding rental property.  Some might if they can get a big upfront payment but in your scenario the lease option consideration goes to you and not to the seller.