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Real Estate Entrepreneurs & Investors Association NYC

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5 Common Pitfalls to Avoid with Lease Option Real Estate

By Dr. Teresa R. Martin, Esq., REIA NYC One creative way to get started in real estate investing is to use a lease option, also called a rent-to-own agreement. Lease options can be used as a flexible, low risk, highly leveraged strategy in real estate investing that requires little to no money down. But order to truly capitalize on the benefits of a rent-to-own agreement, you need to know what to look out for before you start the process. ..

3 Common Mistakes Rent - to - Own Buyers Make

A rent - to - own arrangement can make home ownership a step closer even if you do not currently have the money to buy a home. But, you need to be aware of the pitfalls. How It Works Under a rent - to - own arrangement, you rent a home at a slightly higher than average rate with an agreed upon potential purchase date and purchase price for the property that can be several months to several years away. You can purchase the property at any poin ..

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