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Updated about 10 years ago on . Most recent reply

Brian Huber's profile image
Brian Huber's profile image
Brian Huber
  • Investor Agent
  • from Burke, Virginia
  • Member since Jul 22, 2014
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Brian Huber's profile image
Brian Huber's profile image
Brian Huber
  • Investor Agent
  • from Burke, Virginia
  • Member since Jul 22, 2014
Connect
Brian Huber
  • Investor Agent
  • Burke, VA
12
Votes |
243
Posts
Real Estate Deal Analysis & Advice

Viability of this Whole Lease Option scenario

Brian Huber
  • Investor Agent
  • Burke, VA
Posted

Hi, I came across an ad for someone willing to lease option their house. They wanted a non-refundable option fee of $2K.

Could I work with them to find a Tenant/Buyer, ask the T/B for a $4K option fee in order to profit $2K from this deal?

Is this possible? What are the pitfalls/issues, etc.?

Thank you for your insight!

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