Can I Sub-Lease a Rental Property?
Hey Team,
I've started looking into real estate investing Oct. 2017 and have done 1 wholesale deal and am in the middle of a sandwich lease option deal, no pun intended. Since the lease option deal I've totally been passionate about any concept of holding property and getting rent monthly. My dream is to one day have enough money to buy rental properties.
However, in the meantime, I'm wondering if it's possible to have a seller rent to me with the permission to Sub-Lease their property if the numbers make sense. Has anyone had experience with this? Since my lease agreement has a clause saying I may either assign or sub lease their property disclosed to the seller, I'm assuming it's legal without speaking with my attorney which, obviously I would not try to do until I had approval. But, just since 2 weeks ago when I got my first sandwich lease option check, I have been completely sold on the concept of renting a property and am wondering if I could do this.
Any help or experience based suggestions would be greatly appreciate.
Thanks B-Pocks
-Corey Woodman
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