OfflineIf anyone has used lease options before it would be nice to know how you take over someones monthly mortgage payments through escrow.So you get a down payment from your future tenant and negotiate with the seller to take their payments over and make their late payments that part i get.but do you have to take title to the property in order to do so or can you just record a memorandum of option and use the lease forms.How i thought it was done is you open up escrow and have the escrow agent send the mortgage holder their monthly payments and you your payment.Is this correct.
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ANY FOOL CAN CRITICIZE,CONDEMN AND COMPLAIN AND MOST FOOLS DO.
BENJAMIN FRANKLIN
Just got my bandit signs in the mail,just wondering should I post them in the ground or on telephone poles or both any suggestions?? Thanks in advance dg family!
"If you Think You Can Then You Probably Can "If You Think You Can't Then You Probably Can't" Either Way You Will Be Right!!
catdddy, Try both ways but in most areas (because of the law) put them up on Friday and take them down by Sun night.
Andrew
Was the question regarding who is paying for the property taxes and insurance ever answered? How was that structured into the L/O?
Thank you in advance
Raymond
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Is anyone still doing these? I ran into all kinds of problems back in 2012 (angry dogs chasing me and suicidal homeowners wanting to stay in their home even when a third party is planning to Lease it with Option to buy.
Andrew
Always learning love it, sincerely, JIM
jbischoff
What are you learning at this point in time?
Andrew
How about if the property is free and clear? and the owner wants to do a lease op. and have you ever did a lease option outside your back yard how did you find the tenant buyer? how would you advertise the property? One more question would you help me willing to share.
GREAT THAT WAS SOME GOOD INFOM CONGRATS KEEP UP THE GOOD WORK. THATS ABOUT WHERE I AM IN MY RS ITS NICE WHEN YOU CAN BUM HEADS WITH SOMEONE ELSE.HAVE A GREAT DAY.PEACE................
THANKING YOU FOR SHAREING THAT INFORMATION I REALLY APPREACIATE YOU TAKING THE TIME TO EXPLAIN THAT TO US. NOW ALL I HAVE TO DO IS COMMITE TO MY MIND THAN I WILL BE GOOD.PEACE
Dean scams people and this program is a scam.