Posted by mike on February 03, 2001 at 18:16:25:
Ed, would you sugegst L/O a safe way for re-habbers to get into a property for later resale?
In a L/O now, and actually in need of funds to finish.
Lease Options - Posted by Skywalker
Posted by Skywalker on January 30, 2001 at 16:31:25:
I have browsed through the “How To” articles and there are many articles regarding lease options. But I am looking for some specific examples using actual numbers to see the benefits a RE Investor can gain through lease optioning when tradtional financing won’t work for buying a property.
As always…Thanks for the great insight!!
Skywalker
Re: Lease Options - Posted by Ed Garcia
Posted by Ed Garcia on January 31, 2001 at 10:08:16:
Skywalker,
I think what you can do is take the concepts of lease/options and compare the difference in a created sale. In most cases a lease option is a good vehicle to quire and control the property, until you’ve built equity in the property, and allows you to get a property. Your best buys are usually never made with a lease/option, from the stand point of built in profit. The attractive thing a bout a lease/option is that it’s a purchasing vehicle of leverage, and not qualifying for a loan.
Ed Garcia