Posted by RC on February 26, 2002 at 18:29:47:
Thats kind of what I figured. I figured if I lived there for a couple of years while I’m getting the credit situation straightened out, he’ll probably be ready to sell after a while.
Now, do you think he’d sign a Lease Option agreement now, or is that something we should wait a year or so when he’s more ready to unload the property before offering that to him?
I sort of figured I wouldnt get a discounted price on this one because the area is so desireable (Rancho Cucamonga, CA), but if I could just get myself into a house, with a Lease Option or an outright purchase in a couple of years, that would be my anchor and launch pad to move along and actually start investing in yet other properties.