Posted by Brent_IL on August 22, 2003 at 18:51:39:
Prices are relative. If $250,000 houses rent for $3,000 a month it’s a good idea. If the $250K house?s rent is $1,000, it’s not so great.
It’s the seller financing that is the main benefit of rent-to-own. You have no competition from new construction because almost no L/O’r can get bank financing.
I look to the equity in the property more than at the age of the building.
Anyone, Subject To*** - Posted by littleguru
Posted by littleguru on August 22, 2003 at 11:23:14:
I just got through the ABCs of SubJect to. I have some questions and would love for some help.
First of is anyone actively persuing the strategy they recomend in their course 2-4 year old new houses. How soon can i get in and buy a house in a new sub, will people buy lease to own when houses are still being built next door or down the street. Whats your success?
I found these houses in my area in Michigan 250,000 average. Does anyone have experience using the ABC strategy consistently on houses of this price. or the newer homes. Any feedback would be great.
I have the know how now, my next step is just finding my target subdivisions i need help doing this.