Lease to Own:
An arrangement where a company enters into a lease agreement with an owner that gives the company the right, but not the obligation, to purchase the real estate leased at a predefined price and time. More often than not, a portion of the total rental payment goes toward paying down the value of the item leased in the event that the renter wishes to exercise the option.
These are great options for companies that want to own real estate but cannot obtain traditional financing. It is wise to understand your risks involved with any investment, and your specific investment strategy.
Questions or comments about this post? Call or email me
Edgar Cervantes|Associate Broker
JBS Commercial Real Estate
2777 Finley Road, Suite 12|Downers Grove, IL 60515
O 312.462.1021|F 312.462.4423
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