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vvrei24

Assigning back to seller

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If your sandwich lease optioning a house or just assinging a lease back to the seller, what do you tell your tenant/buyer when they ask if your the owner?

 

thanks

Rick-southern california

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Hi, Rick. I never assign a lease back to the seller. What's the reason or advantage for doing this, instead of assigning the deal to the tenant/buyer?

As for what I tell the t/b if/when they ask if I'm the owner, honesty is your best policy: "No, I'm not the owner. I own a property management company that specializes in Rent to Own" Or something similar.

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