lease: Selling Your Lease Purchase as an Investment Property - 10/03/07 11:23 AM
I recently ran accross some interesting investment opportunities for some clients. As I have said before, I am a fan of lease purchasing properties for a few different reasons.
1.   Landlord Tenant laws do not apply.
2.   The tenant signs a two year lease purchase contract rather than a typical one year lease for a renter.
3.   MOST IMPORTANTLY - A large non-refundable earnest deposit.
Here is the best part of this deal.
Because of the current mortgage market it is difficult for the average home buyer to qualify for a new loan. However, these same people may have the 10% - 20% earnest deposit required to … (5 comments)

lease: Lease Purchase your Investment Property - 10/03/07 09:14 AM
In today's real estate market investors are being faced with some difficult decisions on what to do with their single family investment homes.  Dump the house, probably for a loss, Rent the house, probably for less than the monthly mortgage payments, or lease purchase.
As an investment property owner I am currently lease purchasing a few homes. A few of my favorite features are 1.  the non-refundable deposit, 2.  a pre-negotiated sale price at the end of the two years, and 3.  not having the same responsibilities as a renter (landlord tenant act).
Also, due to the lack of available loans for the … (6 comments)

 

Mathew Curtner

Maricopa, AZ

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J. Roberts & Company

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