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Updated about 10 years ago,

User Stats

899
Posts
272
Votes
Aaron T.
Pro Member
  • Developer
  • Aguada, PR
272
Votes |
899
Posts

Lease option for landlord and put tenant in it

Aaron T.
Pro Member
  • Developer
  • Aguada, PR
Posted

I have a local real estate agent that is able to put people in lease options. There is no money down with a 5 yr term to buy.

What is the up or down of getting into one of these lease options and then put a tenant in it?

In my mind, this is a property that i can lock in at today's price, but not have any money into it. If after 5 yrs, if the house does not have the equity or perform as desired, I can walk away from it, but could allow me to cash flow over the next 5 yrs.

thoughs good or bad?

  • Aaron T.
  • Loading replies...