I do two years on all of my L/O properties.
Then another two......
Then another two......
Then another two......
and so on[ Edited by miraclehomes on Date 07/22/2004 ]
I never do more than 12 months. If the T/B wants more time, I will consider it with additional Option Consideration (not nearly as much as the original amount). Plus, I raise the price.
Contact a mortgage broker to see if they have access to Lease Purchase Lenders. Then try this ad in Homes For Sale: NO QUALIFYING! No Credit Check! Low Dn 3/2 2400 sq ft 555-5555 lv msg
I do two years on all of my L/O properties.
Then another two......
Then another two......
Then another two......
and so on[ Edited by miraclehomes on Date 07/22/2004 ]
From what I have read, 2 years seems to be standard
I never do more than 12 months. If the T/B wants more time, I will consider it with additional Option Consideration (not nearly as much as the original amount). Plus, I raise the price.
thanks to those who have replied here. i will try to go 12 months....
please pray for me that i find a buyer.
and good luck to you with all of your future ventures! it can be a profitable business for people who have the knowledge and avenues.
Contact a mortgage broker to see if they have access to Lease Purchase Lenders. Then try this ad in Homes For Sale: NO QUALIFYING! No Credit Check! Low Dn 3/2 2400 sq ft 555-5555 lv msg