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Updated about 7 years ago on . Most recent reply

User Stats

26
Posts
10
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Jesse Carlson
  • Iowa City, IA
10
Votes |
26
Posts

Anyone ever use a MLO

Jesse Carlson
  • Iowa City, IA
Posted

Hey everyone,

As the title says, has anyone ever used a Master Lease Option creatively to buy a portfolio from someone? I've come across a couple deals where the seller has a portfolio of 5-20 properties and will consider selling them under contract. The seller wants 10% down to cover legal fees and such, but as a newbie investor I'm not in a position with that much capital available right now. What are some options to cover that 10% down creatively? 

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