Lease Purchase ?
im trying to help my friend present a offer to someone who is willing to sell their house via lease option. the purchase price is 160k the average rents are 725. we would like to give the owner 3 options but dont know what to ask for in terms of rental credits and different rental amounts. the max she can pay monthly is 900and has 2-3k to put as option$$. she is meeting w/ the owner tmw. thanks so much :-?
how did you figure out you want to make a lease/purchase offer and what do you hope to accomplish this way?
Did the seller advertise that they want to sell Lease/purchase? Why do you think they will be ammeniable to this?
as i mentioned the seller is willing to sell her the home via lease purchase. this is someone she knows. this would allow her to tie up a property w/little out of pocket. back to my original question how should we set up the rental credits ie 725=100rental credit 825=200 900=300?