The Lease Purchase Strategy
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Question by HJosephD wasn't answered. Isn't that going to conflict with the buyer's "down payment" when he goes to finance? Unless you let the buyer know upfront that he is giving a Lease Option Fee and NOT a down payment...so what's the answer?
cutelilmeeh 11 months ago
OK, when my end buyer goes to get his permanent financing at the lender, part of his qualifying requirement is to show a down payment and principal credit on his payments, if any but, his "down payment" credit was paid to me as an "option fee" and not to the seller! I'm not in the final transaction so how does he get credit for those payments and the option fee to qualify for the loan?
HJosephD 1 year ago
Todd just found your website today excellent info never thought of doing it this way I gotta get more info.
netshops2004 3 years ago