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.