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Buying & Selling Real Estate

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Stephanie Kinderman
  • Miami, FL
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Is buying on a land lease worth it?

Stephanie Kinderman
  • Miami, FL
Posted Jan 3 2018, 17:13
Hi everyone, thank you for clicking on my post! I'm a fairly new Real Estate Agent here in Miami, Fl and just learning the ropes. A friend of mine is interested in buying an investment property for $100,000. My stipulation is that the "Membership Land Lease" is $15,000. Is this $15,000/yr or is this a one time fee?