Lease Options: Little or No Money Down Techniques (Part I)
By: Wendy Patton
© 2010. All rights reserved.
An Overview for the Way to Future Financial Freedom (FX3)
for the Real Estate Investor
Part 1 of 2
© 2009 by Wendy Patton
Lease Options are becoming quite the buzz word lately. Years ago it was harder for me to get Realtors to even consider a Lease Option for their clients. Today, markets all across the country have changed. Lease Options are currently a viable industry trend and needed for many sellers to sell their homes.
What is a Lease Option?
A Lease Option is a way to purchase real estate, usually with very little or no money down, sometimes even with money back in the investor’s pocket. Sound too good to be true? Well, it isn’t. Can an investor end up with money in their pocket and not have to put 10-20% down to purchase real estate? Yes. This technique is used commonly today by the most successful real estate investors.
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