Rent to Own a.k.a. Lease Purchase, Lease Options

User Stats

449
Posts
93
Votes
Mike Nelson
  • Wholesaler
  • Washington, D.C
93
Votes |
449
Posts

In over my head with lease option....Deal on my hands!!

Mike Nelson
  • Wholesaler
  • Washington, D.C
Posted Oct 22 2011, 13:04

So, after listening to a podcast I decided to stick my nose into the idea of lease options. I called FSBO and got several people who were interested in the idea. Now what do I do??

How do I structure this deal, what I would like to do is lease option this property from the owner and then turn around and either assign the contract to another investor or have a tenant rent to own the property (I think this is correct). Can someone please guide me in the right direction on how to make this deal work.

Loading replies...