What About Converting One Of Your Rentals

Has anyone converted their rentals into a L/O? I have a few section 8 properties that are not currently under lease...maybe I should try this? Or is L/O usually when you take over a home subject to? I'm confused... I think I am reading too many courses at once, lol.

JB
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Comments(1)

  • lassitermarketing19th March, 2004

    It all has to do with the agreement. Instead of a standard lease, have the tenant buyer sign a lease option agreement. Subject to is just a technique for getting control of a home to offer as an L/O.

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