Updated over 8 years ago on . Most recent reply
Master Lease Option with Extensive Rehab
BP Community,
Does anyone have experience doing a master lease option on a multi-family building where extensive rehab was needed (e.g., equivalent to 50% of the purchase price)? I am curious how you protect yourself from the seller deciding to not accept the agreed to purchase price at the end of the MLO when a lot of rehab dollars were put in to the place.
Thoughts?