lease to purchase

I recently came across some builders who are offering a lease to purchase product. It works like this a property is sold to an investor and then sold on a three year settlement with the tenant/purchaser paying 9% of the value. The investor is making a 9% return on there money and they also get to depreciate the property. This is a little like a wrap except it is only for three years. Therefore the payment is a rent. After three years the tenant purchaser buys the property at the agreed price. This works well for both parties, for the tenant/purchaser who may not have a deposit or history it allows them to get into the market at todays prices and for the investor they are recieving a 9% return for three years plus the depreciation. If anyone whats further details let me know

Nigel Kibel

http://www.propertyknowhow.com.au

Australian and New Zealand Buyers advocate
service and seminars