All About JimmyLeung

Jimmy Leung

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Lease Options

Suppose my mom owns a property worth $500,000 and decides to lease it out to me for $2083.33 per month for a 2 year agreement. If the property appreciates to $50,000 could that $50,000 apply as a rent credit towards a down payment towards the property. What about the $500,000 could she assign the property to another buyer