I have a group of investors looking to invest in lease option properties (rent-to-own). They would purchase property on behalf of qualified tenant/buyers and lease option it back over a period of 2 to 3 years.
We are in particular looking for tenant first deals in Calgary and Medicine Hat. This is where the tenant/buyer chooses the property they want the investor to purchase. The tenant buyer must have a minimum of a 5% option deposit. This is 100% credited to purchase at the end of the term. We will give better terms on larger option deposits as this mitigates investor risk. The tenant/buyer must have qualified income.
We will also consider other Alberta real estate purchases. Residential or multi unit.
The main criteria we are looking for is cash flow.
Thanks in advance.
We are in particular looking for tenant first deals in Calgary and Medicine Hat. This is where the tenant/buyer chooses the property they want the investor to purchase. The tenant buyer must have a minimum of a 5% option deposit. This is 100% credited to purchase at the end of the term. We will give better terms on larger option deposits as this mitigates investor risk. The tenant/buyer must have qualified income.
We will also consider other Alberta real estate purchases. Residential or multi unit.
The main criteria we are looking for is cash flow.
Thanks in advance.