I tried to explain sandwich lease options to a broker friend of mine today. He seemed scared.
I was also trying to figure out how a broker would get paid if he found this deal.
I’ve read that the investor can give the broker part of the option fee he collects from the tenant/buyer, for the commission. I think the seller can give part of his option fee to the broker as well, that he collected from the investor. Thereby making the broker’s upfront commission worth it, and close to what it would be through a conventional sale. Perhaps with a percentage of the back end, too.
I worked more on my business plan. I am working on the market analysis segment. It’s fun when everything goes smoothly. I’m working on the residential buy and hold portion at the moment.
Filed under: Uncategorized | Tagged: broker commission, business plaln, lease option
Hi Matty:
See my post in BiggerPockets.
Read http://www.REISkills.com, especially lease options.
Email me your thoughts at Team@REISkills.com, Put Matty – CA in the subject.
All the best,
Brian