"lonnie deals" for single family homes? - Posted by Garrett-BC

Posted by Garrett-BC on October 04, 2007 at 21:58:43:

I am thinking about switching from lease optioning mobile homes in parks to lease optioning single family homes/condos/townhouses etc.

Does anyone have a good strategy for setting up the lease option contract? …

I remember reading somewhere on this site where someone set up the contract to state that the first year was purely rental, if everything went well they could enter a lease option for 2 years, if everything went well again they could change the lease option to a strait seller financed deal… does anyone here do this?

thank you in advance for any help -

Garrett-BC
fgihomes@shaw.ca