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Updated over 5 years ago on . Most recent reply

Jody Broussard's profile image
Jody Broussard's profile image
Jody Broussard
  • Real Estate Investor
  • from Wallisville, TX
  • Member since Apr 18, 2017

User Stats

17
Posts
15
Votes
Jody Broussard's profile image
Jody Broussard's profile image
Jody Broussard
  • Real Estate Investor
  • from Wallisville, TX
  • Member since Apr 18, 2017
Jody Broussard
  • Real Estate Investor
  • Wallisville, TX
15
Votes |
17
Posts
Buying & Selling Real Estate

Leasing to buy option

Jody Broussard
  • Real Estate Investor
  • Wallisville, TX
Posted

I've made a cash deal for 95k on a house that will sell for 125k to 135k.  There is approximately 10k in rehab.  They owe 62k, and are renting it out now for 750.

I'm thinking about approaching them with a lease to buy option deal.  What are your ideals, Pros and Cons?  Tips?

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