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Updated about 3 years ago on . Most recent reply

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32
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Brian Young
  • Real Estate Agent
40
Votes |
32
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Lease To Own OR Seller Financing

Brian Young
  • Real Estate Agent
Posted

I'm curious what everyone feels is the best option for someone looking to get into a property that may not for whatever reason at this time have the ability to buy, lease to own or seller financing. 

Does one strategy favor the seller or the buyer over the other? 

Are they both completely win win?

Does it matter if it's residential or commercial?

Specifically dealing with a commercial warehouse at the moment but would be interested in everyone's thoughts on the residential side of things as well.

Thank you for your input!  

Most Popular Reply

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62
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47
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Zachary Cummings
  • Real Estate Broker
  • Berkley, MI
47
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62
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Zachary Cummings
  • Real Estate Broker
  • Berkley, MI
Replied

Hey @Brian Young!

I would say that it is whatever you can make happen for the seller that accomplishes his/her goals, but also allows the buyer to get what they need as well. If the buyer can create value for the owner and also themselves, then it will be a win/win regardless of the route that is taken.

Either option whether residential or commercial should be able to accomplish the end goal.

Seller financing is good for the seller because they get interest but also principle payments and in the end could end up getting WAY more than the actual purchase price, this is also a good option for older owners who are looking to get a fixed income.

Buying and lease to own also have there benefits as well. 

Hope this helps with a little perspective.

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