Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 11 years ago on . Most recent reply

User Stats

471
Posts
95
Votes
Robert Burns
  • Wholesaler
  • Baton Rouge, LA
95
Votes |
471
Posts

Revising a Lease Option Agreement

Robert Burns
  • Wholesaler
  • Baton Rouge, LA
Posted

I currently have a lease option agreement in place with the a FSBO seller and I typically assign these agreements for an option fee to tenant buyers who need time to obtain a mortgage to buy the property. However I am talking to a tenant buyer who wants to buy to home over the next 14 months by paying the owner approximately $10,000/month until the selling price is met. How do I modify my lease option agreement with the seller to enable me to assign it to this tenant buyer and still collect my assignment fee?

Loading replies...