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Updated almost 4 years ago on . Most recent reply

User Stats

292
Posts
34
Votes
Sean Dezoysa
  • Investor
  • Toledo, OH
34
Votes |
292
Posts

Selling on a land contract without ownership?

Sean Dezoysa
  • Investor
  • Toledo, OH
Posted
My partner and I are looking at taking over a house wth an FHA loan. We don't want to sub2 it and are negotiating buying on a land contract. We will probably exit on a lease option which I think is fine since sandwich lease options are a thing. As long as the option can not exercise before I take title of course.

I'm curious if I can also exit this deal on a land contract without my name on the deed? I've heard land contracts can be quite flexible but I'm not sure if this (not having deed in my name) is an exception.

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