Option consideration


#1

Hey gang!

What amount/percent should you expect to be paying for the option on a park? (When doing a lease-option, master lease)

I’ve read elsewhere that the amount should be small, such as $1000. I have also seen on listings that the owner will lease-option with

20% down, which didn’t make sense to me, because you technically aren’t buying it, yet, if at all. It sounded more like owner financing.

I’m just wondering what your experiences have been. 1000 seems hard to get…while 20% seems way much.

Thanks!

Sandy