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Updated about 6 years ago on . Most recent reply

Jeremy Black's profile image
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Jeremy Black
  • Member since Sep 9, 2018
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Jeremy Black's profile image
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Jeremy Black
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Jeremy Black
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Starting Out

Leasebacks when wholesaling

Jeremy Black
Posted

Hey BP!

I am a new investor in the Dallas Fort Worth market. I came across a property that is in preforeclosure. I was planning to just do a wholesale, but the seller stated they would prefer to do a leaseback? Does anyone have experience in this, and could this work in this situation?

Thanks for your help!

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Luiz Souza's profile image
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Luiz Souza
  • Real Estate Investor
  • from Gainesville, Georgia
  • Member since Sep 12, 2009
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Luiz Souza's profile image
Luiz Souza's profile image
Luiz Souza
  • Real Estate Investor
  • from Gainesville, Georgia
  • Member since Sep 12, 2009
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Luiz Souza
  • Real Estate Investor
  • Gainesville, GA
34
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241
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Luiz Souza
  • Real Estate Investor
  • Gainesville, GA
Replied

@Jeremy Black no lease backs! If They are not paying their lender what makes you believe they will pay you. Run 🏃‍♀️ 🏃‍♀️🏃‍♀️🏃‍♀️

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