- 🌟 Bonus Phase – Real World Mastery
DEAL NAME:
Lincolnshire Lease Option –
Negative Equity Bungalow
| Section | Details |
|---|---|
| Strategy | Lease Option |
| Location | Lincolnshire |
| Property Type | 2-Bed Bungalow |
| Market Value | £110,000 |
| Seller’s Mortgage | £107,000 |
| Option Fee Paid | £1,000 |
| Monthly Payment Out | £520/month |
| Monthly Payment In | £700/month |
| Tenant-Buyer Fee | £6,000 |
| Backend Uplift | £3,000 resale + £8,200 uplift split |
| Land Registry | Option Notice Registered (RX1) |
| Solicitor Involved | Yes |
| Total Profit | £27,000+ |