There is actually an agent team that specializes in lease purchase options here in the upstate. I would be happy to help you get in touch with them. They should be able to answer all of your questions and have really carved out a niche for this type of transaction. They have been built their business around executing these types of deals.

Contact info is in my profile.

Hey Marty,

Thanks Rockinblu! That's the thread I was going to post. Long time....no see.

And now back to our regularly scheduled program....

If you need any help setting one up or have any specific questions feel free to shoot me an email. They are not difficult to put together but you want to make sure to cover all your bases UPFRONT so that it can be a smooth transaction when the tenant/buyer decides to buy at the end of the lease. ANYTHING in a Lease-to-Own transaction can be negotiated and this allows them to attract more buyers than just having a Real Estate Agent throw your "listing" on the MLS and pray a buyer with 20%+ downpayment and 700+ credit shows up. You offer great terms and I guarantee that you'll have your phone ringing very quickly.

Another great source of info is from the late great Bob Bruss. Here is the link to his info:

http://www.bobbruss.com/reports/3346ipr299.htm

Best of Luck!

Darin
Lease-to-Own Professional
Real Estate Investor

Below is a link to a thread with some discussion on it.

http://www.trulia.com/voices/Home_Buying/Is_lease_to_buy_a_g…

The link below is to a spam thread and in no way am I recommending the company as I don't know a thing about them, but the thread covers another strategy involving owner financing.

http://www.cash4promissorynotes.com/howtosellyourhousefast.html

And for doing a FSBO> http://www.trulia.com/blog/rockinblu/2008/08/thinking_about_…