Information on Master Lease Options

[Mack Roberts]

Greetings Everyone,

I recently heard about Master Lease Options (MLO). Which allows you to purchase commercial real estate. Is anyone here on Bigger Pockets familiar with Master Lease Options?

Any input about the pro's and con's of master lease options would be great. Thanks in advance. Have a successful day.

Mack

[Bill Walston]

Hi Mack! To say I'm a big fan of MLOs would be an understatement. In the last 9 months I've closed 7 deals using the MLO strategy. Some pros: no large cash down payment; no bank/lender qualifying in order to control the property; ability to walk away from the deal at the end of the lease if things are not working out, and minimal risk. The biggest challenge, I would say, is locating the targeted properties. But then, my philosophy is MLO deals are not found, they are made :-)