What is A Lease Option?

A lease option is a real estate strategy where you “lease” the property from an owner with the “option” to exercise your right to buy at any time during your lease. You don’t have to exercise that right, but you can.

The KEY to using this as an investment strategy is to make sure that your agreement allows for you to sublease the property out.

Using the Lease Option as An Investment Strategy

In this case, you won’t really be able to do deals on homes where they are more…