could anyone tell me how long is the usual lease with option to buy extend for
your terms
The lease options that I use last either one year or two years, depending upon my goals. However, you can setup a lease option to extend for any amount of time you wish. Hope This Helps, Mrs. Meltzer
extentions 1 year at a time..each renewal raise the price and the rent
bluedolphen, What a GREAT question... This is what I do... I L/O at the TOP of the COMPS....NoTimeLimit....amortized like a regular 30 yr. mortgage....and reduce the principal the same... ....as always, GoodInvesting, Rocky
bluedolphen, Are you talking about your agreement with the Seller, or the Tenant Buyer? Jesse
your terms
The lease options that I use last either one year or two years, depending upon my goals.
However, you can setup a lease option to extend for any amount of time you wish.
Hope This Helps,
Mrs. Meltzer
extentions 1 year at a time..each renewal raise the price and the rent
bluedolphen,
What a GREAT question...
This is what I do...
I L/O at the TOP of the COMPS....NoTimeLimit....amortized like a regular 30 yr. mortgage....and reduce the principal the same...
....as always,
GoodInvesting, Rocky
bluedolphen,
Are you talking about your agreement with the Seller, or the Tenant Buyer?
Jesse