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Learn what a Sandwich Lease Option is and how to make a profit from the deal.
Tags: Lease Option, lease option investing, lease option investing training, lease option seller, Lease Option training, Lease Options, Lease with Option to buy, little or no money down investing, Wendy Patton
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February 10th, 2010 at 9:31 pm
Hi Wendy,
I was looking over my contracts I have for sandwich lease options and I just can't figure out how to make money when my tenant buyer exercises their option. When you assign a contract doesn't everything about the original contract have to stay like it is? Such as the price, or can you change the price? I mean seriously! I have been trying to figure this out for the past week now!
Please help me out with this!
Thank You!
Shawn Breeze
February 11th, 2010 at 3:55 pm
Shawn,
You get paid on a cooperative lease option ONLY from the option fee from the tenant buyer - this is built into your price with the seller and the seller will give credit to the tenant buyer for this amount. If you have coaching do call in and we can go over this in detail with you.
Wendy
February 11th, 2010 at 4:58 pm
Shawn,
you are NOT assigning a contract if you are doing a sandwich lease option - you only assign it if you do a cooperative or wholesale lease option.
Wendy