Updated about 7 years ago on . Most recent reply
Lease To Own to get started?
Like many new investors, I am under funded and less than attractive to banks for financing.
I have an opportunity to get into res multi properties via Lease to Own thru a group of partners who purchase tax lien properties and lease them. They do it on a one year, renewable as needed, basis. My intent would be to lease until my situation improves within 2-3 years.
The numbers would cash flow but I'm seeking advice on the downside to an arrangement like this before I move forward with this process.
Any help appreciated!