lease option - Posted by joe

Posted by Dickie Taylor on February 01, 2001 at 18:42:44:

Sweat Equity!

lease option - Posted by joe

Posted by joe on February 01, 2001 at 16:14:09:

Anyone out there know how I could structure a lease option on a multiple unit dwelling that needs gobs of work, and I would like to be in control of the units while I am renovating them… is this a pipe dream? Thanks

Rolling option - Posted by Bud Branstetter

Posted by Bud Branstetter on February 02, 2001 at 03:20:22:

You could have the owner put the title into a land trust. You then have the option of purchasing portions of the benficial interest at different points in time or as you finish one unit. Exactly how you write it up would depend on how many units, financing etc.