My very first investment property was a home I lived in. I rented out the basement and it covered the mortgage—I was basically living for free!
I knew I was a crazy fan of real estate—but how was I going to own lots of more real estate if I could only live in one home at a time?
Then, one of my first mentors taught me about doing Lease Options. Buy a house, get a good deal, and instead of renting it do something that’s twice as profitable.
Rent To Own or Lease with option to purchase.
Kind of like the bank.
Help them buy it. Best thing for them is the best thing for YOU.
You may have heard nightmare stories on Lease Options, but I’ll show you how to help both parties benefit in a fair and profitable way.
A lease option is ultimately when the landlord and tenant agree that renter can rent now and eventually buy the property later. They pay and up front consideration fee, and cover the monthly rent.
It's a form of seller financing.
YOU get a deposit PLUS several hundred hundred dollars a month above mortgage as positive cash flow.
• More cashflow
• Non refundable deposit
• Renter takes care of the house
It's a win-win for investor and family that wants to buy the house!
Why is this such a big deal??
Since 1965 more US households are currently renters than at any point in history. But...72% of people say they want to own someday. Problem is median is too high. If you own a home—you just got richer.
This is why lease options have become one of the most popular forms of real estate investing. People love being able to put money towards their house while renting, and a lease with an option to purchase allows that. The Lease Option program HELPS you HELP them. It's a win-win.
Come learn the secrets of Compassionate Financing.
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