(Sandwich Lease Option)Say your tenent decides not to buy the house or anything like that, but you still have a few years with the seller of the house. Do i have the right to end lease at any point in the lease? or am i going to just have to find another tenant. My problem was, what if i cant find a tenant, can I end our lease agreement between me and the seller?
If its a lease option then yes, although you lose any money you have into it. If you have the time find another end buyer. Herbster
I would be very careful and I wouldn’t personally guarantee the lease because the lessor can chase whatever entity for every payment of the lease that they don’t collect for the promised term.
Your better off getting another tenant to collect another down payment which should increase your chances of getting someone else closes on the purchase part of the house.