Lease option vs assuming a loan w/ adding some seller financing

[Stuart Nebeker]

Hello, I’ve been asking everyone what best for moving forward on this deal. Here’s the numbers and plan 3/2 1800 sqft with unfinished basement Built 1980 Very desirable area in Vermont 15 acres (subdividable) Comps $300-400 Needs about 45k in repair I’ve got her talked down to 170k I really want to BRRRR this property. She owes 125k on current mortgage Would you -lease option (which she likes) Or -assume her mortgage and have owner carry the rest of the note? This is my first deal But I feel I’m ready after 2 years of studying Thank you for your advice