What are Purchase Lease Options and why would you want to use them as a property investing strategy?
This particular property strategy works best when working with motivated sellers and they don’t need the money from the disposal of the property.
Using a Lease Option can benefit both you and the seller. That could be at the start of the agreement, during or at the end of the transaction. This also means the payments at each stage can be flexible.
This video will give you an overview of this strategy so you can consider if it fits into your overall property investing goals.
Make sure to watch the below vlog too, filmed at a property where we structured a Lease Option deal for just 1 pound that went onto generate more then 70K profit.
• How I acquired this house for £1 usin...
Timestamps
0:00 Intro
0:27 – What is a Lease Option
1:10 – Why you would use Lease Options
2:39 – Why a seller would use a Lease Option
4:08 – “Tired” landlords another situation where a property owner might be interested in Lease Options
5:08 – Don’t inherit other people’s problems with the property!
5:52 – How a Lease Option can work for portfolio landlords with a number of properties they want to sell
6:55 – How to structure a Lease Options deal
9:07 – Be mindful of when Stamp Duty Land Tax is payable in such a property deal
9:53 – Other examples of how you can structure a Purchase Lease Options deal
13:55 – What are the risks of doing a Lease Options deal?
16:01 – Are Lease Options legal?
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