Land leases in Orange County CA? should I steer clear?
AsThanks in advancerch to find my perfect first deal I've come across some townhomes in orange county. The mortgage and the hoa can be covered by a renter, and it would cash flow. It's the first time I've ever seen or heard of land leases and this one is 2000 per year. I was wondering if I should steer clear or what questions should I ask that can help determine if it's a good deal? Thanks in advance for all your help.