Lease Optioning Question for HR - Posted by Suge
Posted by Suge on May 11, 2000 at 11:42:12:
Hallo HR. I have been reading your postings and I do like to read a lot of your scripts. From reading what I have read, I have decided to ask you a question in L/Optioning. Please help me to pull this situation through.
I found a property worth $106,900.00, and the seller is willing to do a lease option. He is offering a credit of $35 per month and carging a rent of $850 per month. Cash down is $3000.00.
Now I would like to change my terms and come up with a very creative way where I will benefit from this deal and make it a win/win. The reason why I do really wanna go with this seller, who is also abroker for his agency, is that he is flexible and willing to do a lot. I would like to know what i can do, before we sign the contract. I would like to get a credit per month of at least $200.00. Now what would you advise me to do ??? Raise the asking price and then in turn the monthly charges or what??? Is it possble to lower the prices too, reason being it is a new house and no one has ever offered a reasonable rate. If it possble to reduce the price then, i would like that pitch. I do appreciate your help in this situation. Looking forward to hearing from you.