Sale-Leaseback

A sale to Flexible, then a leaseback to you on your terms. Sell and customize the details of your continued occupancy. A popular alternative to a standard sale which forces you to vacate before closing.

How it works
Benefits + tradeoffs
Example
Offer terms
Pricing
FAQ

How our Sale-Leaseback works

1
Sell to Flexible
After you accept our offer, Flexible will open escrow and send our deposit. We handle the details so you get a smooth closing.
2
Lease from Flexible
You choose the term and and we’ll work with you on the rental rate to ensure it works with your financial situation.
3
End the lease on your timeline
Possession of the property reverts to Flexible.

Benefits and Tradeoffs

Convenience and closing certainty- Close on your timeline and skip months of typical sale hassles: property fixes and improvements, hiring an agent, and flakey buyers. Get fast closing certainty with our non-refundable deposit.
Savings- Save 10% or more, hundreds of thousands of dollars, by skipping commissions and pre-sale repairs.
Custom lease- Flexible will structure a lease that fits your circumstances and lets you stay for as long as you want.

Possibility of lower pricing and proceeds- Selling your existing property by hiring an agent and listing on the market may result in higher offer pricing and net sale proceeds, even after paying commissions.
Limited tax benefits- Other Flexible Offer Types can result in meaningful savings by deferring taxes on capital gains and depreciation recapture. If you are considering a 1031 exchange, we can help you reduce the risk of a failed 1031 exchange by providing options to extend the sale date.
Missed opportunities- Other Flexible Offer Types give you benefits beyond those of a standard sale, including the potential to earn more and receive passive income.

Sale-Leaseback Example

You sell your property to Flexible for $1,000,000 and choose to lease it back for 2 years.

After the sale is complete and the lease is signed

All ownership responsibilities and expenses transfer to Flexible. As the tenant, you make monthly rental payments of $5,000 as the tenant.

Outcome

At the end of the lease term, you vacate, ending the landlord-tenant relationship.

This example is simplified to exclude details that vary by owner and transaction, including the impact of taxes, tax savings, and miscellaneous third-party transaction costs.

Perfecting your Sale-Leaseback terms

Every Flexible offer is custom-built to achieve owners’ goals. For a Sale-Leaseback, here are the most important items to consider:

Sale date
The date when the sale is complete and the lease begins.
Lease term
The duration of the lease agreement. The typical lease term is between 3 months and 3 years.
Lease rate
The monthly rental rate. While this is primarily based on market rental rates, Flexible can customize the amount you pay every month by fine-tuning sale details, including the purchase price, closing timeline, and lease term.

Most owners...

Most owners who choose a Sale-Leaseback want to ensure they don’t have to vacate before they are ready. Flexible can add “options to extend” your lease so you can choose to stay longer.

When you request an offer, we’ll share options so you can choose your desired combination of offer features and make an informed choice. We can include approvals for you to make changes after reaching an agreement so you have flexibility as the future unfolds.

Sale-Leaseback Offer Pricing

The price Flexible can pay is the result of working backward from our profit or cash flow target. Our offer price is determined by working backward from a profit or cash flow target, and subtracting costs to complete the project.
Here are the best ways to maximize our offer price:
- Lease terms: The higher your rent, the more we can increase our offer price and the more favorable it is for us to postpone making improvements and re-renting at a higher rate or selling for a profit.
- Later sale date: More time means more answers which lowers our risk, allowing us to accept a lower return by increasing our offer price.
Flexible reviews recent comparable sales and rentals, then makes adjustments based on your property’s unique features. We’ll determine your property’s highest and best use so we can maximize our offer price.
Our offer pricing and future plans are 100% transparent. You'll see the data used to determine our offer price, and since we don't charge commissions or fees, you can save hundreds of thousands, and the number you see is what ends up in your pocket.
In most cases, Flexible will make improvements after you vacate, then either rent the property for cash flow or sell for a profit.

See if our Sale-Leaseback is right for you

Fast, easy, free, no commitments

Frequently Asked Questions

We’re flexible. We can build options for you to extend your lease to give you the flexibility to stay longer than you initially planned without requiring an upfront commitment. We can even include language in your lease that lets you cancel without question in case you might want to leave early.
Our offers are customized to maximize the collective ownership group’s satisfaction. Flexible will ensure each co-owner receives the terms they want, whether it’s cashing out, remaining an owner, or both. You tell us if you want us to work with a single contact, the group, or individually with each co-owner.
We’ll determine if your loan can be paid off without penalty and, if the rate is below market, whether it can be assumed. If we can keep a below-market rate loan in place, we may be able to increase our offer price.
We’ll work with you to coordinate our onsite inspections and collect property information as part of our due diligence. If certain materials are not available or easily accessible, our team can help.

Flexible’s Love Your Offer Guarantee

Typical transactions prohibit owners from canceling or making changes. With Flexible, you get seven days after accepting our offer to cancel your agreement—no questions asked.