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Updated over 7 years ago on . Most recent reply

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68
Posts
15
Votes
Justin Westmoreland
  • Thorndale, PA
15
Votes |
68
Posts

Making Sense Of A Lease/Option

Justin Westmoreland
  • Thorndale, PA
Posted

Hello BP, 

I'm a wholesaler from the Philadelphia area and I'm trying to make sense of Lease/Option from both sides, from a wholesalers side and an investors side.  How would a wholesaler make money from a lead that needs to get out of their home but they have little or no equity.  And why and how would an investor make money from the deal if the seller holds the note?  Just trying to understand the whole process of lease/option and how to wholesale them.  

Thanks!

Most Popular Reply

User Stats

10
Posts
5
Votes
Arden Hillstrom
  • Lender
  • College Park, GA
5
Votes |
10
Posts
Arden Hillstrom
  • Lender
  • College Park, GA
Replied

I honestly don't know how a wholesaler would profit from this deal. There is no equity. This would now make you a landlord. In my opinion, you would be doing her a personal favor.

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