Land contract and sandwich lease?

General Real Estate Investing
1

I have a homeowner willing to do a land contract with $1000 down and $600/month. I think I can rent for more than that and know I can get more than that down. I have also negotiated the asking price down, so there is room in there for me to make a profit.

How should I proceed? Can I set it up so that the buyer does a lease option with me, and I do the land contract with them? Or is there a better way to do this? Thanks,

2

The terms of the land contract with the seller may dictate the terms of your sale to your buyer. What are the terms of the land contract with your seller?

3

I can set up the terms of the land contract. I was thinking a balloon in 5 years, so my L/O would only go say 2 years at most in case they can’t buy.

4

makes sense.
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