Lease/Option

[David Franza]

I have a 5 year lease option on a home with little or no equity. My option price will be the balance of the mortgage at the time I option the home. I have the ability to sublet and sell my option. My question is what is the option amount I could expect from an end user. The home is worth between 130-140 thousand, and I plan to offer the end user a lease term equal to mine, 5 years, and purchase price between 150 and 160 thousand.

[Account Closed]

Brian,

I got a response from [email protected] David J. Willis but like I thought he started with his BS and wanted me to pay for him to show me the court cases where someone been sued on a L/O. I need to pull his law license and check him out. It is a shame a lawyer will post something on his website and someone call him on it and he run and hide.

Joe Gore