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Showing results for tags 'Owner Financing'.
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I"ve been in the business for awhile and do; Options, Wholesaling, Flips, buy and holds, Lease Options etc... I'm new to the group and looking to see what everyone is doing? Options are our starting point for everything then we go from there. Just looking to see what peoples niche is. I hope everyone speaks up about what they are doing and how they are doing it.
Vacant Lot - Lease Option or "Tote the Note"?
lhenley posted a topic in Everything ElseI have an option on a vacant, residential lot. I have a private lender who will put up the money, so I can purchase the lot in my name. Because of the private money, I'd need to resale it within the next 1-2 years. Because of my purchase price, and the terms with my lender, I can resale with Owner Financing. In order to make it less of a headache IF I have to take the property back, could I Lease Purchase the property until the T/B can pay off the loan? Has anyone ever Leased Purchased vacant land to a T/B? Is it even possible to do? Would it be best to just sell with an Agreement For Deed? Thanks, Lynn (FL)