A presentation at ClubHack 2011 in December 2011 in Pune, Maharashtra, India by Anant Shrivastava
: Sellers who own their property free and clear (no existing mortgage) or those with distressed properties that banks won't finance. 2. Lease Options (Rent-to-Own)
: Since the seller is an individual, they are not bound by strict banking regulations and may waive credit checks or a down payment if they trust you or if you offer a higher interest rate. how to buy real estate with no money or credit
: You pay an "option fee" (which can sometimes be negotiated to a nominal amount) for the right to buy the home in 1–3 years. : Sellers who own their property free and
: You sign a promissory note and make monthly payments directly to the seller. how to buy real estate with no money or credit
A lease option allows you to control a property immediately and buy it later at a predetermined price.
