Posted by Bill K. (AZ) on May 31, 1999 at 19:45:13:
You have not provided enough information for anyone to give you definitive advice on your situation.
Have you purchased any lease/option courses? These courses will explain how lease/options work, and how to determine whether or not a property is a good lease/option candidate.
I suggest that you purchase one of the lease/option courses offered here at CRE On-Line. The following address will take you directly to the catalog for these courses.
Once you understand lease/options, come back with specific questions and the details of your deal.
I hope this helps.
Bill K. (AZ)