Had a question regarding sandwich lease options. I've heard of this used as a "No money Down Strategy" and had a question regarding it.
So if I have a buyer lined up, I would...
1)sign the lease with the seller
2)sign the lease with my buyer
3)and sit in the middle and collect the doe as the middle man because I worked the numbers in such a way that its profitable for me
MY QUESTION IS... What if my buyer loses his job and can't pay the payment??
Then I would be screwed unless I could make the payment myself..right?? Or is there some "escape clause" that can save me here...
"You gain strength, courage, and confidence by every experience in which you stop and look fear in the face. Do the things you think you cannot do. Tough times never last, but tough people do"