Posted by Bob Taylor on November 22, 2000 at 17:25:23:
Your objective is not to collect all the down payment money coming in the monthly lease payments, your objective is to make it easier for the T/B to make the down payment. They kind of have the down payment on the “installment” plan. It would be easier for most people to come up with $5200.00 rather than $10,000.00 at closing.
Good luck, and, good buying/selling,