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Updated over 5 years ago,
How to rent to own or defer closing while waiting for seasoning
My husband and I are waiting on probate for funds for our first investment but I keep seeing great deals. I'm licensed so I dont wholesale (can of worms no thanks) but I'm trying to find out if there are any options out there where I can try to get my foot in the door without waiting for that 100k.
Some options ice been suggested:
Lease to own (with option contract)
Deferred Closing
Situations where I might be able to convince a seller to do this;
Land development with a preexisting house, sellers may want rental income during the subdivision process
Wholesaler having no luck on a deal that doesnt pencil as a flip, but seller might consider a deferred closing
Property is tied up in probate