I am about to do my first lease option agreement. I got the property under option of $67,000 I am putting down $3,5000. My buyer is going to gave me $6,500 and he is buying the property for $88,500. Me and the owner have an option agreement of 3 years and me and my buyer have an agreement of 4 years. I am really nervious. Wish me luck dean and thank for the knowledge.
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Well Good Luck!
Seems you don't need it though. Good for you for getting the deal done. Am I understanding correctly that you are leasing from the original seller and then "subleasing to the end buyer?
If so, I love it Sandwich Leases are some of my favorites!
I would sandwich lease all day!
Keep it going!
warmest regards,
Lisa Richardson