Seller has a lease back option.

[Jacob Berg]

Hello, 

I found a business that is selling multiple houses as a package deal. The seller wants to sell the houses and then in return sign a 5 to 10 year lease to lease the houses back from the buyer for their clients to live in. Is this normal? Is this a red flag? I have seen the spreadsheet that the seller provided and of course it looks like a great deal. Instant cash flow, instant tenants, instant riches. It just sounds too good to be true. I haven't came across any BiggerPocket videos about this so I don't really know what my next step should be.

Thank you for your time,

Jacob