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Updated over 10 years ago,
Selling vs. Leasing
Hello BP community, in RDPD, Robert talks about a strategy where he purchased a property and instead of leasing it, he advertised it as a FSBO with no money down but did make them have an escrow account. He talked about benefits of not having to deal with typical landlord issues, not having to recognize capital gains(sale price was more than what he paid for it) and it created a positive cash flow. Has anyone ever heard of this strategy? Ever used it? What would be some unforseen pros and cons?