alexlocklear85 0 Report post Posted January 12, 2009 What percentage of the purchase price are most getting from tenants as option consideration? Just curious! Share this post Link to post Share on other sites
MichaelC 160 Report post Posted January 12, 2009 Two, three percent is what I'm seeing as the norm. Your mileage may vary. Share this post Link to post Share on other sites
Jonathan RexfordFL 8 Report post Posted January 12, 2009 1-3% in my hood. Now I will finance it also. Move in as a rental and then convert to a lease option. Share this post Link to post Share on other sites
<Steve> 82 Report post Posted January 12, 2009 1 1/2% for CAs and 2% for SLOs. Although I am closing a SLO this week at 5% Share this post Link to post Share on other sites
ClaudeDiamond.com 0 Report post Posted January 12, 2009 Depending on the deal 2 to 10% On a recent 2 mil home we negotiated a 3% Assignment fee (we sold the contract to another investor) On other lower priced deals the percentage is usually higher 5 to 10% Claude Share this post Link to post Share on other sites
Jason (AL) 1 Report post Posted January 13, 2009 Neat to have Claude here on the boards! Was this a CA, Claude? Share this post Link to post Share on other sites
Guest Diver Report post Posted January 13, 2009 Jason, Did you see he is only a newbie here? Share this post Link to post Share on other sites
West Coast Girl 1 Report post Posted January 13, 2009 Jason, Did you see he is only a newbie here? Oh my God! I hope that was a tonge in cheek comment! Do you KNOW who CD is???? Better do your homework now. There's a LOT to unearth about this veteran INVESTOR and TEACHER! He's LEGENDARY! Check him out by doing a Google search. You'll see his articles can be found EVERYWHERE out there! Better yet, check out YouTube. You'll learn a lot from him there in the flesh! Hi, Mr. Diamond, It's a real pleasure to see you here on this board ... the One & Only Board! WCG aka Jean Share this post Link to post Share on other sites
Jason (AL) 1 Report post Posted January 13, 2009 Jason, Did you see he is only a newbie here? Haha.Yeah, I realize he is a "newbie" here due to his post count, butas Jean already stated, he's pretty well known in the Lease Purchase niche...atleast to most. Share this post Link to post Share on other sites
MichaelC 160 Report post Posted January 13, 2009 Hehe. Funny thread. I hope Claude sees it. Oh, and the powerful administrator has since removed him from the ranks of Newbie. Share this post Link to post Share on other sites
Guest Diver Report post Posted January 13, 2009 Yes I know who he is. Anyone who can pull 5-10% should be called the MASTER. Diver Share this post Link to post Share on other sites
MichaelC 160 Report post Posted January 13, 2009 Yes I know who he is. Anyone who can pull 5-10% should be called the MASTER. Diver Share this post Link to post Share on other sites
