LeaseOption won't work when the price is high - Posted by TK

Real Estate Investing
#1

Posted by John on March 09, 2002 at 02:39:49:

http://www.creonline.com/mm-53.html

I would strongly suggest you read the how to articles, money making ideas and success stories…along with everything else at least a few times…

Anycase IMHO people that want to live in half million dollar homes will likely have 50k put away and be able to afford over 2.5k in rent… (even if it isn’t 50k…and only 25k…who cares??

J.

#2

LeaseOption won’t work when the price is high - Posted by TK

Posted by TK on March 09, 2002 at 01:31:13:

Is there anyway to make lease option to work in a high housing price market when equity is not a lot.

For example, if the house is 550K, what is the down payment and monthly payment? I cannot charge the T/B for 55K down and 3000$ per month for rent + 1000$ monthly down payment.

Thanks