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Joanie

  • Joanie replied to the topic Lease Options in a static market in the forum Creative Investing 18 years, 6 months ago

    Hi Investor1313!
    Perhaps an example will help clear your fog.
    Say you buy a property for $180,000 and have a client that will lease / option from you on a 12 month contract at a purchase price of $200,000.
    They pay you $2000 to take up the option and will pay rent of $200 / week of which you will credit $20 as an option fee. The two scenarios…[Read more]

Joanie

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