You think the real estate route is only for the already rich? Then let me fill you in on a personal truth: I bought my first real estate at a time when I could NOT afford to buy (or loan) it! No joke.
The catch? None. I was just lucky I knew about the “Lease to purchase” option.
Now, don’t worry if you do not, because we’re exploring it in detail today.
In today’s episode, I’m teaching you how “Lease to purchase” is a win-win real estate purchase option you can make with a seller when you lack the finances to pay their property’s down payment (for loaning it) or needless to say, the full price (for buying it). You’ll also learn how it provides you with the flexibility to appraise the building over time, and how it can lead to increased value and financial gain for the owner. I’ll also talk about the other similar option you have for real estate buying, called “seller financing” and why it’s a weaker option as compared to lease-to-purchase. It’s an incredibly important topic, so don’t miss out!
Tablecloth Finance, your hub for all things financial, brings you this informative episode. Tune in and take the first step towards buying your first real estate!
“You’re gonna have to really articulate in a very, very clear manner why this is a win-win for both you and the owner, I think this is going to make the difference between receiving a yes or no. If the way you explain it to the owner is, hey, I need time to find money, it’s never going to work, right?”Listen to “How to Become a Millionaire without Real Cash” on Spreaker.
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