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Updated over 4 years ago,

User Stats

26
Posts
12
Votes
Tony Lueken
  • Real Estate Agent
  • Cedar Rapids, IA
12
Votes |
26
Posts

Wholesaling lease options

Tony Lueken
  • Real Estate Agent
  • Cedar Rapids, IA
Posted

Does anyone in the community do this as an agent? Seems like a good alternative if the seller doesn’t have much equity or wants full asking price.

The operation in a nut shell is that you:
1. Market the property with the Sellers permission as Rent-To-Own 

2. Find Tenant Buyer (who the Seller approves of)

3. Assign the contract you fill out with Seller to the Tenant Buyer

4. Collect your Option Fee Down Payment.

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