Re: Lease Option Homes Porgram Available
You can eliminate the risk of the owner defaulting by doing an assignable contract or an assumable mortgage. That way you ensure the payments are made and collect the rents, plus your markup on the monthly fee. You do a double closing and make an additional profit on the sale. That's how I understand these investors are doing it. You don't have to be licensed to do this as technically you are the owner of the property.
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