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Jim Smith
  • Carriere, MS
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Option to purchase what to do?.

Jim Smith
  • Carriere, MS
Posted

Hi,
I have a chance to get a 220,000.00 home under an option to purchase for 210,000.00 (Was trying for a lease option) and I am wanting to know do I make out the purchase contract at the same time or just the option since I am wanting to sell the option?.

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Jon Holdman#3 Real Estate Deal Analysis & Advice Contributor
  • Rental Property Investor
  • Mercer Island, WA
14,132
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Jon Holdman#3 Real Estate Deal Analysis & Advice Contributor
  • Rental Property Investor
  • Mercer Island, WA
ModeratorReplied

Maybe start by finding a better deal. You're at 95% of the value. There's no deal here.

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