Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

33
Posts
6
Votes
Lance S.
  • Clermont, FL
6
Votes |
33
Posts

Lease to Own bailed, Worth Going after?

Lance S.
  • Clermont, FL
Posted

I sold a mobile home (I still hold title) on a lease to own to someone who 3 months in has bailed on the park payments and not paid monthly payments to me. He did pay significant down that he knows he is losing and because he has been there almost 3 months and is moving out and walking away, Do I just play nice and move on or do I try and go after him for past due payments knowing he had nothing (even had a call with his investment manager who paid the initial deposit for him and the buddy said he can’t help either of us don’t call him anymore). Lesson learned not to be so nice for so long but for now have to deal with what it is and learn the best I can. I’m not losing my shirt in the deal as I did get nice deposit but wondering about payments and worth the time and hassle to get blood from turnip.

Sorry it may not all make sense it is hard to type all the details but these are the main points.

Thanks in Advance!

Loading replies...