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.
Wholesaling
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 7 years ago on . Most recent reply

User Stats

68
Posts
15
Votes
Justin Westmoreland
  • Thorndale, PA
15
Votes |
68
Posts

Making Sense Of A Lease/Option

Justin Westmoreland
  • Thorndale, PA
Posted

Hello BP, 

I'm a wholesaler from the Philadelphia area and I'm trying to make sense of Lease/Option from both sides, from a wholesalers side and an investors side.  How would a wholesaler make money from a lead that needs to get out of their home but they have little or no equity.  And why and how would an investor make money from the deal if the seller holds the note?  Just trying to understand the whole process of lease/option and how to wholesale them.  

Thanks!

Most Popular Reply

User Stats

10
Posts
5
Votes
Arden Hillstrom
  • Lender
  • College Park, GA
5
Votes |
10
Posts
Arden Hillstrom
  • Lender
  • College Park, GA
Replied

I honestly don't know how a wholesaler would profit from this deal. There is no equity. This would now make you a landlord. In my opinion, you would be doing her a personal favor.

Loading replies...