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Updated almost 6 years ago,
Matt BerklacyPoster
- Rental Property Investor | Realtor
- Jacksonville FL | Savannah Ga |Raleigh NC
- 161
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lease w/ option to own, versus seller finance, ..better passive?
what works better all around for a passive income play, least stress, least legal issue?
lease with option to own? (non refundable deposit, higher payments, outsource light repairs to tenant,)
or seller finance? large reasonable downpayment, higher sale price,,,hold note,
why would you do one over the other?
im my opinion, both require forclosure, ...both can pass on some fix-up to new party
(in applying this to me, im holding existing properties, NC and Fl I want to exit out of best stretegy for passive income....and i do existing buys off market, want best duplicatable strategy, rather than flip)