Sunday, April 27, 2008

With a long lease option, you can then sell the property for high price

A lease option has more longer term than a straight option - usually for a period for as long as one year or longer. Some lease option will even stretch to three years, depending on the whim of the seller. While your lease is ongoing, you can rent out the property and be in a positive cash flow. The second advantage is that the property is appreciating in value. If you have a longer lease option, you can then sell the property for the highest price you can get. Most new investors, and plenty of more experienced ones too, like to stick to what - and where - they know when it comes to investing their hard-earned cash in equities.