Need Some Understanding

Yhagood profile photo

I spoke with a seller that is willing to do a lease option. However, I did not tell the seller that I'm an investor.

Why would a seller allow someone to lease his or her property and than put someone else in the home? Is there a certain way to present this idea to the seller?

Comments(1)

  • KyleGatton13th October, 2003

    You can do it a number of ways.You can do an assumable lease option, where you sell your lease option rights to someone. You could approach the seller once you have a leasee and tell him you would like a finders fee. I am sure there are dozens more, but you need to feel out the seller and see what he would be amicable with. The main thing is try not to lie, it will just get you in more trouble later down the road. Show him how you will make him more money with you rather than doing it his way and I am sure he will do whatever you ask.

    Good Luck,
    Kyle

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