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Updated over 5 years ago,

Phillippa Gilkes's profile image
Phillippa Gilkes's profile image
Phillippa Gilkes
  • Flipper/Rehabber
  • from Atlanta, GA
  • Member since Sep 19, 2019
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User Stats

40
Posts
7
Votes
Phillippa Gilkes's profile image
Phillippa Gilkes's profile image
Phillippa Gilkes
  • Flipper/Rehabber
  • from Atlanta, GA
  • Member since Sep 19, 2019
Connect
Phillippa Gilkes
  • Flipper/Rehabber
  • Atlanta, GA
7
Votes |
40
Posts
Wholesaling

Lease Option vs Seller Finance

Phillippa Gilkes
  • Flipper/Rehabber
  • Atlanta, GA
Posted

I'm currently working on a deal. My seller is behind in payment and she wants to do anything to get out the property. I presented her with the lease option deal and she agreed. My question is what is the difference between lease option and seller finance. Which would be better for her. The property value is about 150k ARV, her buy out on her mortgage is 135k.

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