Sale & Lease Back Strategy

[Curt Davis]

Ok,

So one of the things we are considering doing is a Sale & Lease Back option for buyers. Basically, the investor buying a property from us needs to make a guaranteed 8% ROI for example, we pay them quarterly and if we can rent the home out where say we make 11% ROI then not only have we made the sale to the investor but also an additional 3% on top of managing the home. Wondering if anyone else has done anything like this before? Basically our management company becomes the tenant for the new owner and we have the right to sub lease out the home.