Can You Lease A Property On A Lease Option And Then Subrent It To Multiple Renters?

I'm a newbie to real estate investing, but I'm aware from reading the posts that this is the place to ask. From what little I have read on the topic, you can enter into a lease option contract and rent the property to another individual as long as there is a sublet clause in the contract. Can you rent the property to multiple renters? What are the pitfalls and complications to this situation?

Thanks for your advice in advance! I really appreciate all the help!

Sarah smile

Comments(2)

  • InActive_Account24th February, 2004

    Multiple renters?? Is the property zoned for multifamily use?? Most leases state that the use has to be a legal use and not violate zoning or other municipal ordinances If it's zoned, then yes you can. If it isn't then the answer is www.negative.l

  • sgorderg25th February, 2004

    Thanks Sammyvegas! Your answer helped to clarity this. I appreciate it!

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