Real Estate Consultant
Keller Williams Gulfside Realty
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As he advises...you would be well served to contact a real estate professional.
What you should not do is call the number on the sign in the front yard that says 'Lease/Option."
The leas/option segment of the market is populated with predators, but there are many from whom a good and beneficial arrangement can be agreed upon. Many agents will have unadvertised opportunities available.
Be aware, if you have a bad credit history. lease option is not for you.
If you have been denied credit (quite a different situation) then lease options are designed specifically for you. The right agent is the gateway to success.
Now, you need to pick up the phone and start calling agents....If you are serious.
In the long run, you will discover the most beneficial path to success, for you, will be to exercise patience and great financial austerity until such time as you can qualify for an FHA backed loan.
NMLS # 6395
Financing Kentucky One Home at a Time