Asked by Hunter On The Hill, 80112 • Tue May 12, 2009
I own a rental condo outright. It is currently vacant and I am advertising for a renter on Craigslist. I have been approached by an investor who wants to sign a lease for the property, find a tenant who is interested in a lease with option to buy, manage the property, collect rent (and presumably give it to me), and at the end of the option period deliver to me a "full price" sale. All at no cost to me. Riiight ... I smell a rat but am not sure what kind. Does anyone have any insights into this?
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