Lease Options, also commonly known as Rent to Own, have become more popular over the last few years. Slow and strict lending restrictions have complicated the home buying process. Also, people have struggled with credit scores, lease options allow these people to get into homes in today’s market. The best part is you can make money working these systems.
Lease options are a wonderful strategy for no money and no credit deals. These are different than wholesale deals because they have a few more moving parts. The great thing about lease options is the beauty of making money up front, making positive cash flow each month, and then making money again at the end when the option to buy is exercised.
Here are the basics of how it works:
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