Flips vs. Lease Options - Posted by Double A

Posted by SCook85 on July 15, 2002 at 12:50:00:

Well first off, education is the key. Both methods will work great for you if you do your due diligence and get involved with a good deal.

Where people get hurt in the beginning is by getting involved with a bad deal.

With that being said, wholesaling requires no money at all if you do a good deal. L/O should require no money if you do it right, but you remain in the deal and it can cost you later if not today.

Happy Investing,


Flips vs. Lease Options - Posted by Double A

Posted by Double A on July 15, 2002 at 09:46:31:

I’ve gone to several CRE investor meetings, read posts and bought a few courses. I would like to know, which is best way to start? Flips or Lease Options? People have said no-no, if you do a L/O, you’ll be stuck with the payments if your T/B flakes off or you can’t get a T/B. On the other hand, if you miscaculated how much it costs to get a house up to par with a rehab, you’re stuck. Can anyone out there list the pros and cons of Flips and Lease Options?