rent to own, lease with option, lease option, it's all the same....
need to know more contact me...I buy 90 % of my properties this way and make a killing everytime
Quote:
On 2003-08-10 00:16, DaveREI wrote:
rent to own, lease with option, lease option, it's all the same....
need to know more contact me...I buy 90 % of my properties this way and make a killing everytime
I would like to know more about how you do this. I came across the "Lease 2 Purchase" and wonder if you know of it and would it be worth it to buy it. Or if you know of any other ways to learn about l/o.
Quote: I buy 90 % of my properties this way and make a killing everytime
Lease/Option or Lease/Purchase is not a purchase at all. You don't get the tax credit (legaly). You are a tenant, renting the place, and renting it out to someone else... You can get into big trouble if things go wrong.
rent to own, lease with option, lease option, it's all the same....
need to know more contact me...I buy 90 % of my properties this way and make a killing everytime
some call it "purchase option" also
Thanks for the replies
Quote:
On 2003-08-10 00:16, DaveREI wrote:
rent to own, lease with option, lease option, it's all the same....
need to know more contact me...I buy 90 % of my properties this way and make a killing everytime
I would like to know more about how you do this. I came across the "Lease 2 Purchase" and wonder if you know of it and would it be worth it to buy it. Or if you know of any other ways to learn about l/o.
Thanks,
Kathy
Kathy,
Keep reading this, and other REI, bulletin boards. There's more info on boards than in a dozen books.
Quote: I buy 90 % of my properties this way and make a killing everytime
Lease/Option or Lease/Purchase is not a purchase at all. You don't get the tax credit (legaly). You are a tenant, renting the place, and renting it out to someone else... You can get into big trouble if things go wrong.
Just my .02
You need to think about a more secure niche.
Dustin