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Updated over 1 year ago,

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8
Posts
0
Votes
Angie DeRubeis
  • Homeowner
  • Houston
0
Votes |
8
Posts

Offer Lease purchase or sell tear down commercial property

Angie DeRubeis
  • Homeowner
  • Houston
Posted

Hello All, 

I have an interested buyer for a commercial property that would be considered a tear down.  The buyer wants rehab at their own cost. They need money to rehab property so I agreed to allow them to pay the balance in two installments.  

Would a lease purchase over five years be more beneficial financial?