December 16th, 2011 
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Rent to Own / Lease Purchase Part # 1 of 2
Rent to Own / Lease Purchase with Option. These are basically the same, usually the Rent to Own is the Buyers and the Lease Purchase is the Sellers. If the monthly payment to the Seller is slightly higher than you are getting from the Buyer but the sales price is fair or great, maybe the Seller can give you rent credits against the sales price (can range from $100 monthly to full payments) and you can cover the Seller cash flow now?
An REO is real estate owned by the bank.
Benefits of Buying REO Foreclosures
Minimum Risk – Among the different types of bank foreclosed properties – pre-foreclosures, foreclosure at auctions or HUD foreclosures — REOs offer the buyer the least amount of investment risk.
Availability – Compared to other foreclosure properties, REOs are easier to locate.
Below Market Value – One of the prime benefits of buying a REO property is most REO properties are available at below market value.
Great ROI-Return on Investment – Reselling a foreclosure home can provide a great return on your investment.
Buying foreclosure properties is one of the best ways to generate profit in the real estate market today.
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