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Updated almost 2 years ago,

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Joe Dadich
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Real Estate training course inquiry - FBSO lease-purchase strategies

Joe Dadich
Posted
Group:
I'm a novice when it comes to real estate investing.
I've owned a few small single family residences and sold them.

Over the last few months I've been actively looking for opportunities to get
back into the real estate game.

I've attended a couple "guru" trainings. 

One strategy seems to say that there are some sellers (FSBO) who
are under water with their mortgage/needing repairs  and will agree to a lease-purchase
without me ever taking over their mortgage.

The strategy then says for me to turn around and find a tenant
who will sign a land contract with me, they will make the repairs and
pay a deposit upfront and pay a little more monthly rent than what I'm paying on the original lease-purchase
agreement.

In theory it sounds good if there are sellers out there like this.

What seller would enter into a lease-purchase without me/buyer
paying an upfront deposit?

Thoughts and comments appreciated.