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Real Estate Deal Analysis & Advice

Has anyone done one of those "lease-back' deals ?

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I was wondering if anyone has ever done any of those lease-back deals where you buy a condo or something and do a lease back deal for the first 5 years. I am a total newbie, but it APPEARS that its just like having gauranteed renters for the first 5 yrs? Is there some sneaky catch?

Thanks. :beer: :goofy: :D

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