How to Control Houses Through Lease-Purchase

A lease purchase agreement is another name for ‘lease with an option to buy’. It’s the kind of real estate purchase which combines the rental agreement with an exclusive option to buy at a later date.

Many Investors use this option to take control of a house. They also get the right to sublease the house or assign their right over to an end consumer.

The end consumer usually wants to purchase the home, but in many instances, they are facing some credit problems. But with a lease-purhcase, they can get in the house until credit issues are cleared up. And then later, they can go to a mortgage company and get financed.

There are a bunch of ways to control real estate… In the comments box below, feel free to leave your comments/questions.