how new is lease optioning?

Is this a new idea, or has it been around for a while?

It’s been around as long as I can remember but that’s only 30 years or so…


Is this a popular method? Are there any downsides? It looks like this is the place I’ll get started.

It’s relatively popular…


  • Lack of cashflow
  • Violates the DOSC
  • Illegal in some states



Do you know off-hand in which states it is illegal? Thanks!


It is illegal in Texas unless you own the property free and clear.


What is the DOSC?

I forgot about the acronym glossary and found that it means due on sale clause. How does it violate it?

Because you are attempting to transfer your title or interest in the property…