Updated about 8 years ago on . Most recent reply
What's your take on lease-back
Hi everyone,
Quick question on a proposed lease back arrangement.I am in the process of purchasing a SFH. The seller was asking if I would allow him to lease the house from me for 1 month after closing.The reason being that the house the planned to move to is still being built(final stages)
Is this something common?What do I need to watch out for and what can go wrong with this arrangement?I have a realtor working with me.