Explain Lease Option/Owner Financing!!!!!!

[Sean Dean]

Hello BP, 

I am a wholesaler in the Greensburg Pa area. I was watching a video of Grant Cardone on youtube and had a question. Can someone explain the pros and cons of Lease options and owner financing? Appreciate the replys!

[Stephanie P.]

Originally posted by @Sean Dean:

Hello BP, 

I am a wholesaler in the Greensburg Pa area. I was watching a video of Grant Cardone on youtube and had a question. Can someone explain the pros and cons of Lease options and owner financing? Appreciate the replys!

 From a lender's perspective, please pay the person holding the financing in verifiable funds; check, direct debit, whatever.  It's important to the underwriter who's doing a risk analysis of the refinance down the road to make sure those payments to the person who previously owned the property are made

Just a quick tip

Stephanie