Frequently Asked Questions

What is Lease Option?

A lease option is essentially a purchase contract combined with a rental agreement. The buyer leases the property for a specified period of time and then has the option of purchasing the property before the end of the lease agreement. Sales price, length of rental, closing costs, and maintenance are all negotiated much the same as a conventional real estate transaction. A lease option, if properly utilized, is both a seller and a buyer’s dream come true because it can eliminate many of the negatives normally attributed to the selling and buying of a home.

How does it work?

We present a monthly lease amount as well as a pre-determined sales price that is agreed to by all parties. A lease option / purchase is basically a monthly lease set up over a pre-determined period of time. At the end of that time, we purchase the home from you for whatever the pre-determined price is.

The basics are simple:

  • You rent your property to Supreme Investing Group, LLC
  • You give Supreme Investing Group, LLC the right to buy your property for a set price.
  • Supreme Investing Group, LLC places a tenant/buyer in your property.
  • The tenant/buyer receives the right to buy your property at or above your agreed price.

How much is this going to cost me?

The answer is simple. It doesn’t cost you anything. We make our money from our tenant/buyer, not from you. If you decide to do a lease option with us, you do not have to pay a commission.

What are the advantages of selling my home by lease option over listing with a Realtor?

We make your monthly payments while a tenant/buyer is qualifying for a loan. All your expenses related to the house are taken care of.

Another advantage is that our objective is to put only high qualifying tenant/buyers in the house since we make our profit by selling for higher than we buy. Since we guarantee all minor maintenance on the house, it is our best interest to ensure that our tenant/buyer will take care of the home and eventually secure financing to cash, you the seller, and us out. This means that we put our tenant/buyers through an intensive pre-screening process before they are even permitted to look at the house.

We don’t work for commissions. And, because our profits are made by selling for slightly higher than what we buy for, we have a vested interest in the house and in making sure it gets sold.

How long does it take before your tenant/buyer cashes me out?

That can depend on a number of factors. We work with many mortgage brokers that are usually able to get most people financed after they have paid for 12 months on the lease option. Since everyone’s credit history and circumstances vary, that time period can be shorter or longer for the tenant/buyer that we eventually put into the home. Because of this, we cannot guarantee the exact time our tenant/buyer will secure financing. 

However, until our tenant/buyer qualifies for financing, we continue to pay all the expenses related to the home, it is greatly in our best interest to get our tenant/buyer approved as soon as possible, since that affects us as well. We aggressively work to get our tenant/buyer financed as soon as possible.

Why don’t I just sell my house myself or rent it in the meantime?

These are always options available to you. The difference would be that you are responsible for your monthly payments, maintenance and repairs during the selling period. You need to try to find someone who can actually qualify for financing, wait for them to get approved, and hope that they don’t pull out of the deal, making you start the whole process over again. Renting during that period opens up new difficulties that would-be landlords often overlook, especially when you are trying to show the home at a later date, while renters are living there.

Why don’t I just find my own tenant/buyer?

That could be a great option for you. Supreme Investing Group, LLC is offering you the opportunity to place the headaches of paperwork on us. Some of the headaches include screening potential buyers, checking references, screening for credit issues, etc. With a single listing, you may get 30-50 applicants to search through and determine who may be the right fit for your property and who would be the most likely tenant/buyer to exercise their right to purchase the property in 12 to 24 months. 

With us, the tenant/buyer will work in a credit program, work with our mortgage brokers to get them qualified, and most importantly- you won’t have to deal with the day-to-day maintenance and minor repairs.

What if your tenant/buyer doesn’t buy the house?

Our tenant/buyers are carefully pre-screened to ensure that they want to buy the house and are able to afford and qualify in a certain time period. However, circumstances can change… unfortunately with job loss, job transfer or sick loved one that can make it necessary for them to move. In situations like this, we continue to pay all the expenses for the house while we find another qualified tenant/buyer for the home. Remember, we make our money when the house sells.

How can you say I won’t have any vacancies?

You won’t because your tenant will be Supreme Investing Group, LLC. We’ll agree on a lease term, 3 years, 5 years, or whatever you want. And that’s the end of your vacancy problem. If our tenant-buyer movers out, then that’s our problem, not yours. We’ll keep paying like clockwork.

How do you eliminate my maintenance and repair problems?

You’ll have 4 levels of protection. First, Supreme Investing Group, LLC will purchase a homeowner’s policy at no cost to you and will keep it active for the life of the lease. Second, the tenant/buyer will be required, by the terms of the lease, to perform all regular maintenance and repairs. Third, if any problem comes up that the tenant/buyer is unable to perform, Supreme Investing Group, LLC will do it. And forth, you’ll maintain your homeowner’s policy to prevent injuries normally covered by insurance.

What do I have to do?

For the most part, as the homeowner you don’t have to do anything. We take care of all the paperwork as well as the placement of tenants and monthly payments. And because you don’t have to worry about the day to day repairs, the only thing you need to decide is where you want your monthly checks sent. It is really quite simple.

How do I get my payment each month?

We can set it up however you like. Some of our homeowners like us to electronically send the payment each month straight to the bank account. Others prefer us to set up an escrow account where we make the rent to this account and the escrow account makes the payments to the mortgage company. (You can call the escrow account anytime and request a statement of activity so you can see when the rent was paid and web the mortgage was paid).  We normally set it up automatically to pay your lender each month and send you the difference. That way you don’t have to worry about a thing.

What if a tenant tears up my house?

There’s no way that I can guarantee you that a tenant/buyer wouldn’t damage your house since you or our company won’t be living with them. But under the agreement we will have with you, it will state that if damages occur, we will repair them at our expense. My objective is to get a tenant/buyer in your home that will eventually purchase it within 1-2 years. We investigate them thoroughly before entering into an agreement with them. 

Damages are rarely a problem. In fact, in most instances, we have found that our buyers have improved a house with carpet or other upgrades that has increased the value of the home.  Again, if that happens we’ll fix it. We’ll put that in writing.

Who handles the paperwork? Do I have to pay for that?

Our attorney handles all of the necessary documents to make the transaction happen. And the best part is that you don’t need your PHD to be able to read them. Of course, you are always welcome to have these documents reviewed by your real estate agent or lawyer at any time during the course of the transaction. We want you to be 100% comfortable with everything before moving forward.

Any other questions?

If you have any other questions or concerns, please feel free to email us at