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Every Thing Else Board
Creative leasing/buying farm land
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<blockquote data-quote="carla" data-source="post: 24283" data-attributes="member: 113"><p>I've been working on an idea of hitting him with a lease purchase option. I don't just want to buy the property in the end, but have part of the lease payment go towards the down payment. What percentage of a lease payment would you suggest? That way he could stay in the house untill I actually purchased the property. That would help him because he wouldn't have to move right away and help me because I wouldn't have to come with such a large down payment. In the mean time I would rid of my cattle loans. Now if I can just get him to do it. Any suggestions on what might sweeten the deal?</p></blockquote><p></p>
[QUOTE="carla, post: 24283, member: 113"] I've been working on an idea of hitting him with a lease purchase option. I don't just want to buy the property in the end, but have part of the lease payment go towards the down payment. What percentage of a lease payment would you suggest? That way he could stay in the house untill I actually purchased the property. That would help him because he wouldn't have to move right away and help me because I wouldn't have to come with such a large down payment. In the mean time I would rid of my cattle loans. Now if I can just get him to do it. Any suggestions on what might sweeten the deal? [/QUOTE]
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