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I have not done any lease purchase deals, but here is what I know in a nutshell. Hopefully others can provide more information.

Most lease purchase deals favor the buyer. It's a good way to control a property for little money down. If it goes up in value, you have captured that gain with less risk. The best deals are where you lease purchase a property for a few years and then sell at a nice profit without ever having to actually purchase the property.

It's hard to find these deals, but they work great when you do. The specifics vary from deal to deal and are up to the individuals.

One thing about subletting is there is work involved in renting a property. There is no way I would go to the trouble without the hope of appreciation, the benefit of someone else paying down my mortage and the great tax benefits. But it may be worth it to others for $100 - $350 a month. Just make sure the risk of negative cash flow is low.

Mark
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