Combine L/O with Owner Finance

General Real Estate Investing
1

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.

2

I’m not clear on something. This is your property and you are the owner? If so, sure, you can collect some option money upfront and then carry some of the financing if/when your t/b chooses to exercise their option.