Hello its Simon's Archie here and I'm the author of property magic the Amazon property bestseller and also the founder of the property investors Network which is the largest organization of protein network meters in the UK designed specifically to help you become a more successful investor in this short video I'd like to explain the basics around purchase lease options now this is a great strategy or rather a tool that you can use to control property that you don't own and you can benefit from equity growth and cash flow without the need for a big deposit or even a mortgage on a property sounds good to be true well this is one of the strategies we teach on our training programs and in this video I'll give an overview of how it works and how you can use them so here's the concept there were also people who've got property which I don't really want they want to get rid of it it might be mortgaged it might be debt-free but they don't want the hassle of the ownership of this property so we step in and we take over control of the property it's all done through contracts through solicitors all legal and aboveboard and we then can benefit from monthly cash flow and long-term equity growth so let's say let's give you a scenario here let's say someone who's got a property that's worth a hundred thousand pounds and that's the true open market value for this property and it's got a mortgage of let's say ninety eight thousand pounds now the problem this person's going to have is when they sell this property by the time they take their legal fees and estate agency fees into account they're not really going to make any...
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Horse free Lease Agreement with option to purchase Form: What You Should Know
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