Profile picture for klejln

I have a multi family investment property for sell. Is it possible to lease it with option to buy?

  • March 11 2011 - Barelas
  • 0Yes

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Answers (3)

A lease purchase on a single family home is much different from a multi unit building.  There are many other issues to take into consideration.

It is best to get the advice of a real estate attorney. 
  • March 19 2011
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Yes, this is a a great idea, but be careful.  You may end up with a tenant that says they want to purchase, but can't really afford it down the road.  I too suggest getting a real estate attorney to help you with the lease/purchase so you are protected. 
  • March 12 2011
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Profile picture for Sharon Lewis
yes it is, but you might want to speak with a professional realtor in your area, if you need a referral, click on my name and email me.
You can also talk with a real estate attorney.
We find lease to own's don't work out a lot though.So make sure you have a strong contract in place with a strong deposit. Seriously, don't do this your self,work with a realtor.
Thank you and Good luck.
  • March 12 2011
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