Don't Do Sandwich Lease Options!! Do This Instead!

[How2BuyMortgageNotes]

Brian, good idea. especially avoiding the "trill of Management" too.

[Inmate1095994]

Your application on your site for your form does notwork. E-mail me please, Krazedracer18@yahoo.com,

[ruckin3]

what are the risks you talk about with a traditional sandwich lease option?

[ruckin3]

so do you wait a year to assign it and collect that 50% credit or do you just try to find a buyer as quickly as possible? Are you just submitting to your wholesale buy list asap or advertising most of the time? Does credit score need to be at a minimum level? If both the option and exercise price are the same at 200k, how does that workout with a realtor or do you bypass the realtor and just pass the 50% rent credit along to the buyer, along with the sellers agreement,make your 5k and move on?

[MrMajicJones]

Wow, thanks for explaining that! I will be giving you a call soon.

[Ajaces]

Do you have your system set up to get profit on the back end when the tenant buyer finally buys from the seller.

With the assignment, I don't see a method to collect cash flow every month, but believe there is still a way to profit on the back end?

[REISkills]

Hi, I give a small amount, then assign the deal for a $5000 fee or more. It is agreed by the Seller and new Tenant Buyer that the $5000 option fee is applied to their option agreement.

Call me if you are interested. No Charge. 626 318 0599.

[californiameltdown]

@REISkills Thanks for explaining. I'm really interesting in getting into Co-operative lease assignments but I can't figure out what paperwork to use!!

[REISkills]

@californiameltdown - I train my students to bukd a business. Make $10K a month, call me to talk about it.

Brian 626 318 0599

[californiameltdown]

BUT how much do you have to give the original seller as YOUR option consideration/deposit?

[blknindyNY]

@californiameltdown $1 dollar or $10 dollar or $100. Just to make it a binding flex option contract. I am not an attorney and I just began my l/o practice so consult your local board. But that is how I do it.