Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago on . Most recent reply

Selling via Lease Option, Contract for Deed, etc
I posted yesterday about a lease purchase and since then I've had 3 more interested parties that would like to either lease own or seller carry, presumably because they couldnt get a bank, but they have all offered five figure down payments.
The house is listed for $78K, owe $63K, 3br/1ba 1400sf, Tulsa OK. I have a ton of questions on how to structure the deal, but basically, I just want to know my options and what the legal process is to sell "unconventionally". I understand the math, but I dont want to get over my head in keeping it legal.