Posted by E.Eka on October 18, 2003 at 18:27:23:
This is primarily known as a Lease-option deal and many gurus talk about this. If this is your first time getting into real estate, I suggest you read and get as much info as possible. I personally, go to book stores and sit there to read books on real estate. That would be a great thing to do. I personally don’t do lease options in that manner. I’d be the owner leasing to own to a tenant/buyer. It’s realistic and is being done, but it’s not really an easy way to start.