Tax Lien & Deed

The short answer is yes, but there are some important issues you should be aware of.

The use of lease options (also known as rent to own) as an investment strategy is still one of the best methods for investors looking to get into the real estate game today. The sandwich lease option strategy is one of the most popular and effective strategies for new and experienced investors. It works this way: You find a motivated seller (someone with a circumstance that is driving him to sell quickly) who owns a nice home in a good neighborhood where the market is appreciating but he has little equity. You reach an agreement with him (the owner/seller) to take over his property under a lease option. Then you locate a potential tenant/buyer who moves into the property under a lease option. When the tenant/buyer is ready to exercise his option and buy the property, you exercise your option with the owner/seller at the same time, and everybody wins. Of course, this is just an overview of the strategy, but you get the idea of how it works.