Just had a Idea that I wonder if could be put together (I hope that makes sense,lol)
What I’m trying to figure out or put together is…I want to lease option a property out which will include collecting option fee to go towards down payment, along with finance the rest to equal as close to 10% of purchase price as possible through option period.
Then after the lease option period when they have downpayment, do owner financing. Is this something I could do?
P.S. When doing owner financing I would then be looking to sell the note as exit strategy of underlying loan.