Lease Purchase in GA - Posted by randolph

Posted by Ronald * Starr(in No CA) on August 12, 2003 at 08:15:29:


Try to get somebody who knows and trusts you to finance most of the rest. Try to put up as much more cash as you can to make it less risky for your financier. You might try some of the finanace companies also, such as household finance.

If the value of the property is greater than your option price, you might consider selling the property and getting out. You could assign your contract or do a double closing escrow to get it transfered from the current owner to a new buyer.

Good Investing*************Ron Starr**************

Lease Purchase in GA - Posted by randolph

Posted by randolph on August 12, 2003 at 07:20:16:

I have a 528 credit score and I am in a lease purchase for $225,000.00 I have already placed $10,000.00 down…I have received 75%LTV…I need th rest financed…Help What should I do and the seller will not hold the second?