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Updated over 5 years ago,
lease option strategy
Hello bp fam!
I have been looking into lease option strategy. I am wondering, How would you go about completing a term, if the property loses value while its under contract?
Example; If I place a house under contract for $200k, term 1-2 years, current value is $280k. But by the time it is sold, property value goes down to $190k.
How would that affect the deal?
How would you deal with a situation like this?