Lease Option Vacant Land? - Posted by Jason

Posted by Tim (Atlanta) on July 22, 1999 at 10:49:19:

Maybe I am missing something here…

You would lease option the property from the seller. Then you would sub-lease it to another party (your buyer) ? Is that right ? Who would lease land from you unless they had plans of purchasing the land themselves, thereby preventing you from purchasing it for yourself ? Now if you wanted to do a sandwich lease/option deal, perhaps you could make some money similar to a house.

Would the seller be willing to owner finance ? That is much more common with land purchases than with developed properties.

Lease Option Vacant Land? - Posted by Jason

Posted by Jason on July 21, 1999 at 23:38:53:

I Have the opportunity to purchase three acres of vacant land, in a newly developed sub-division. My question is, has anybody ever lease-optioned land and then sub-leased it out? My plan is to hold on to it for a certain period of time and possibly sell it. Thanks in advance…