why buy a house on lease hold land?
Why would somebody purchase into a lease hold? Here in Hawaii there are houses being sold on lease hold land. Any input? I just need some additional insight to make sense on purchasing a house that sits on lease hold land. Why would you do that? I don't know much about lease hold properties and have been trying to do some research but I'm still having difficulty making sense of the general equation; what good was your $300,000 investment into buying the house when now the lease on the land is up???? Please somebody enlighten me because I'm finding myself obsessing over this haha