Well it sounds a lot like
a sandwich lease option..
Not exact matches
Lease -
Option Sandwich — Without actually owning the property, lease - options allow a person to gain control of a property by leasing it with a legal «option» to purchase the property at a specified price within a specified time p
Option Sandwich — Without actually owning the property,
lease -
options allow a person to gain control of a property by
leasing it with a legal «
option» to purchase the property at a specified price within a specified time p
option» to purchase the property at a specified price within a specified time period.
I offered to rent - to - own her house with the intent to get other renters in her house under a
sandwich lease -
option.
What I meant by, «I am not looking for a subtenant
option but maybe an
option for me», is can I set up a
sandwich lease with the intention of only subleasing and not giving the «
option» to purchase the property to the subtenant but leave the «
option» for me to purchase at the end of my
lease with the owner.
If so, would it make sense to try and sublet it, continue renting along with my two roommates, or try to improve it and either give other tenants a
lease option (
lease option «
sandwich» described in Brandon's book) or exercise the
option and sell when the time comes.