There's been an ongoing debate among mobile home investors regarding using "rent to own" versus "lease options" when structuring deals and selling homes to end buyers.
In my latest post, I go over the difference between a "rent to own" versus a "lease option" including what the pros and cons are of using them when selling mobile homes to end buyers. Plus, I share a discussion among investors on the subject of "rent to own" versus "lease options" including the rebuttal for and against each method.
Also, I share with you information about a particular state where "rent to own" and "lease options" are difficult and challenging to do from a legal stand point. Since I do not do business in this particular state, it's interesting to hear and news to me.
In addition, you'll see how these particular methods can go wrong and why they go wrong when structuring deals this way to end buyers. I tell you my own philosophy when working with end buyers and why it works.
Lastly, I talk about how I structure my own deals when selling mobile homes to end buyers including what I recommend and what I don't recommend. I share with you resources on where to get information to structure your deals if you decide to go this route when selling homes to end buyers.
So if you'd like to read more, check out the post and let me know what you think.
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