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Updated over 8 years ago on . Most recent reply

User Stats

32
Posts
5
Votes
Samir Abrahani
  • Investor
  • Tampa, FL
5
Votes |
32
Posts

Need help on Rent to Own Deal!

Samir Abrahani
  • Investor
  • Tampa, FL
Posted

Hi BP community!

I need some guidance on how to get this rent to own deal going. I have a property in Tampa and I have found some tenants that are interested in doing a rent to own lease. Do I need to hire a RE attorney to write up the contract? If so, can anyone refer me to one? Or is there a broker out there than can help? Does it matter who I go with? 

Also, does the upfront option fee have to be deposited in an escrow account? 

Thank you!

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