Interested in Bank-Owned Lease Option Home?
I had a quick thought today and was hoping to get your opinion. As you’ve probably heard on the news, there are a lot of bank-owned homes on the market right now, and investors are buying them cheap….well below assessed value. I know, because that’s what we’re doing as well.
The problem is that most of these homes require a cash buyer or someone who is well-qualified for a loan, which means that if you have some credit dings, you’re out of luck in taking advantage of the incredible opportunity now….which brings me to my thought.
I’m interested in working with a few people who would like to do a ‘lease to own’ on homes that we buy cheap from the banks. Most of them will require some fixup (anything from carpet and paint, to a complete remodel), but you’d benefit by getting a great price.
What I’d like to know is, would you be interested in leasing to own a house that you can put in some ’sweat equity’? I’d still need a small down payment, but it would be much less than we normally charge.
If you’re interested, Fill Out Our Form and tell us what kind of property you’re looking for. In the last comment box, mention that you’re “Interested in a Bank-Owned Lease Option Home”. Also, let me know what type of fixup work you’re willing to do, for instance:
- just cosmetic fixup (carpet/paint/cleaning)
- intermediate fixup (kitchen/bath remodeling)
- advanced fixup (roof replacement/structural/electrical work etc)
I’m trying to gauge interest, and I can only have the ability to work with a few people, so if you think this might be something you’d like to do, Fill Out Our Form
