Real Estate Agent · Fitchburg, MA · Member since 2014 · 83 posts · 25 votes
Hi everyone.
Hypothetical situation. Let's say I acquired a three family property using a 6 year lease option. Now let's say I use another lease option to sublet it to a person who is interested in buying it down the line. How would that work? I assume the person I sublet to won't be moving into the property considering it is a three family? Would they also sublet? Wouldn't that be like a sandwich-sandwich lease?
Sorry, I am still confused as to how selling a multi-family on a rent-to-own basis would work or if it is really possible. I don't know what type of person the end user would be, or whether this is even a possibility?
Real Estate Agent · Fitchburg, MA · Member since 2014 · 83 posts · 25 votes
11y
Okay, so it sounds like I am trying to make it more complicated than it is (Obviously all the technicalities are complicated, but the general idea is basic). Any ideas on how to go about finding good real estate attorneys who specialize in specific niches?