This way, you havent actually "sold" it until they decide to exercise their option sometime down the road.

You would then keep physical title until buyer paid you off.2) You could lease/option the mobile and keep property in your name until "buyer" exercises option.3) You could do a straight rent.4) I have heard about using trusts and transfering beneficiary....

Once you find a tenant/buyer, exercise your option and purchase the property.

Once they're all at 50%, repeat the exercise to get them below 30%.

I have a pending dilemma that I'm hoping someone on BP can help me with.I have a lease option buyer (married couple) who was due to exercise their option in a couple of months.

how do you make money on a sandwich lease option when your tenant buyer exercises their option?

d) At the time of exercise of this option, $________________________________ of each monthly rent payment received on or before the first of the month will be applied as additional option consideration to the purchase price if, and only if, the Tenant/Buyer exercises the option to purchase.

If you don't buy the property (aka "exercise the option") by the deadline, the option is null and void and you lose your option money.

If you have the option in escrow, you can avoid most of the problems with the seller not performing because if you set it up right, you don’t need them to sign anything to exercise you option (i.e. a limited power of attorney for that particular property, among other things).

Just so you're clear..It is the lender who initiates foreclosure through an attorney as they are exercising their "right of sale" as spelled out in the Mortgage or deed of trust.