Leasing is the best option because you can use the profits to help pay the lease. Once you've bought it, you're looking a storage house if the business turns bad.
Sorry, the question is totally unclear. Do you want to buy a foreclosed property that had been lease optioned -OR- is it your lease-optioned property that is in foreclosure? Are you the property owner or are you the person trying to buy it via lease-option? Please re-word the question and re-submit it.
Leasing commercial property can be very difficult for many people. The best place to start your search for commercial property that you can lease is the website Craigslist.com.
The best way to find a lease property is by talking to a Realtor. These people will be able to show you many options within your price range.
That depends entirely on your situation.
If the lease was properly executed by the lessor and lessee the property is subject to the lease and the new property owner must honor it.If the lease was properly executed by the lessor and lessee the property is subject to the lease and the new property owner must honor it.If the lease was properly executed by the lessor and lessee the property is subject to the lease and the new property owner must honor it.If the lease was properly executed by the lessor and lessee the property is subject to the lease and the new property owner must honor it.
Yes, you can be on a lease for a property without actually living there. Being on a lease means you are legally responsible for the terms of the lease, regardless of whether you reside at the property.
Yes, we have an Excel template available for conducting a lease vs buy analysis to compare the costs and benefits of leasing versus purchasing a property or asset.
If the liens predate the lease then the property will likely be sold to satisfy the creditors.If the liens predate the lease then the property will likely be sold to satisfy the creditors.If the liens predate the lease then the property will likely be sold to satisfy the creditors.If the liens predate the lease then the property will likely be sold to satisfy the creditors.
Yes. As long as that is not prohibited in the lease.
I would rent a property for my business because if you business fails which statically it will you wont be paying interest while you are in debt. It is a good solution do a difficult problem.
No. All the owners would need to consent to the lease by signing it. If all the owners of the property, or their duly appointed agent, didn't sign the lease it would not be a valid lease. All the undivided interest owners have the right to the use and possession of the whole property but one owner cannot encumber the whole property.A lease signed by only one of the owners of the property is not binding on the other owners. The tenant would not have their permission to lease their property.
Entering into a lease with intent to purchase agreement involves signing a lease that includes an option to buy the property at a later date. This agreement typically outlines the terms of the lease, the purchase price, and the timeline for exercising the option to buy. It is important to carefully review and understand the terms of the agreement before signing.