I would like to know How a Master Lease Option works on apartment complxexs or buildings?

What are the advantages for the buyer as far as income and are some money put aside fore the purchase?
In Buying Property - Asked by David S. - Mar 17, 2009
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Brian C.
Atlanta, GA

The term "Master Lease" has multiple meanings to real estate lawyers. Sometimes it describes the underlying, primary lease in the subleasing context. In other circumstances, it describes a seller's guaranty of certain "rent" payments for a period of time after closing with respect to space in a building that is sold to a third party. Based on your question, I believe you are referring to another use of the term in the context of seller financing of a property. Here is a link to an article that summarizes the pros and cons:
http://www.reiclub.com/realestateblog/2009/02/23/who-needs-banks-when-we-have-the-master-lease/ Hope that helps.

Mar 17, 2009
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