Updated over 6 years ago on . Most recent reply
lease Option vs seller finance
The house we are looking at is a 3/2 in a desirable area. The ARV is around 170k, he owes 120k. He has long term tenants rented for 1375 a month but I believe rents should be closer to 1500 no problem! New ac and roof looks good. Yet to see the inside but you can tell by the outside it is well taken care of by the tenants. We are thinking because the wholesaling math did not work out that we might try lease option or seller finance strategies. Looking for advice on how to carefully go about this and maximize profits.