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Updated almost 5 years ago,

Tyler Speelman's profile image
Tyler Speelman's profile image
Tyler Speelman
Pro Member
  • Rental Property Investor
  • from Maria Stein, OH
  • Member since Jan 22, 2018
  • Posts 73
  • Votes 48
  • Experience 7 Yrs
  • Investments 1
Connect

User Stats

73
Posts
48
Votes
Tyler Speelman's profile image
Tyler Speelman's profile image
Tyler Speelman
Pro Member
  • Rental Property Investor
  • from Maria Stein, OH
  • Member since Jan 22, 2018
  • Posts 73
  • Votes 48
  • Experience 7 Yrs
  • Investments 1
Connect
Tyler Speelman
Pro Member
  • Rental Property Investor
  • Maria Stein, OH
48
Votes |
73
Posts
Buying & Selling Real Estate

Lease option vs land contract

Tyler Speelman
Pro Member
  • Rental Property Investor
  • Maria Stein, OH
Posted
Hello, Off market single family rental for sale in Ohio. Current resident wants to purchase house, but can’t qualify for loan. Asking price $139,900 Monthly rent $800 I told the seller I could purchase it if current resident would agree to rent to own agreement or land contract. Would you do land contract or lease option? How would you structure to make this a good deal? Thanks in advance for any guidance.
  • Tyler Speelman
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