Lease-Option
Lease the property to a vetted buyer with an agreed-upon purchase option, collecting steady monthly premium rent while locking in future sales proceeds.
How This Selling Option Works
In a Lease-Option (often referred to as Rent-to-Own), you enter into a dual agreement with an approved tenant-buyer: a residential lease agreement and an exclusive option to purchase the property at a fixed future price. You collect an upfront non-refundable option fee and monthly premium rent, while the tenant-buyer is responsible for interior maintenance.
Option Terms Agreement
Establish purchase price, option term (1–3 years), non-refundable option deposit, and monthly lease rate.
Buyer Vetting & Credit Defense Onboarding
Buyer undergoes background and credit defense verification to ensure mortgage readiness within the option period.
Monthly Cash Flow & Final Closing
Enjoy hands-off monthly cash flow while tenant-buyer handles day-to-day maintenance until final mortgage payoff.
When It May Fit
- You want to sell at top retail price without paying immediate agent commissions.
- You want higher monthly rental rates and a non-refundable upfront deposit.
- You desire quality occupants who treat the property like their own because they plan to purchase it.
- You want to defer full capital gains recognition until the purchase option is exercised.
Major Considerations
- If the tenant-buyer fails to exercise the option, the seller retains the non-refundable option deposit and the home.
- Agreements must comply with Michigan landlord-tenant laws and option contract standards.
- A reputable loan originator or credit defense specialist oversees the buyer's mortgage qualification timeline.
What Terms Real Estate Needs
To structure this transaction accurately and produce net numbers, our acquisitions desk requires basic property facts:
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Compare Other Selling Options
Not Sure — Compare My Options
Unsure which path fits best? We analyze your equity, timeline, and property condition side-by-side to identify your highest net return.
Traditional MLS Listing
List on the open market through licensed real estate agents when you have time, standard retail condition, and want maximum public exposure.
Direct Cash / As-Is Sale
A guaranteed direct cash purchase with private capital. No bank loan approvals, no appraisals, zero cleanout work, and closing in days.
Subject-To
We purchase your property subject to the existing financing, taking over monthly mortgage payments via an independent third-party loan servicer.
Seller Financing
You act as the bank, receiving monthly principal and interest installment payments secured by a recorded mortgage or deed of trust.
Novation / Structured Retail Sale
We fund and coordinate value-add aesthetic renovations to achieve peak retail price on the MLS, while guaranteeing your target net equity.