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Updated almost 4 years ago on . Most recent reply

Jayde Landry's profile image
Jayde Landry's profile image
Jayde Landry
  • Flipper/Rehabber
  • from Lafayette, LA
  • Member since Dec 5, 2020
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User Stats

15
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16
Votes
Jayde Landry's profile image
Jayde Landry's profile image
Jayde Landry
  • Flipper/Rehabber
  • from Lafayette, LA
  • Member since Dec 5, 2020
Connect
Jayde Landry
  • Flipper/Rehabber
  • Lafayette, LA
16
Votes |
15
Posts
Innovative Strategies

Who holds the mortgage on a lesson option!?

Jayde Landry
  • Flipper/Rehabber
  • Lafayette, LA
Posted

Hello my fellow BP members...

I was approached by a representative of an investor group pushing the idea of lease options. The wording of their spill made it sound as if you can make more money on a lease options than with flips and rentals. They also mentioned that this approach was one with less risk and no need to sign up for a loan/mortgage. If I don’t hold the mortgage, who does? I’m a little confused.

Help!

—Jayde

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