Lease Option Buyers: Bad Credit?

[Kelvin Letron Brantley]

I have a question regarding lease option buyers. One of the assumptions we make about lease option buyers is that they probably can't qualify for a bank loan. If that's the case, what are some of the screening techniques I can use to have a warmer and fuzzier feeling that they will pay me every month. Just because they can give me a large down payment doesn't mean they will pay me on time every month.  Any thoughts?

Thanks,
Kelvin

[Kelvin Letron Brantley]

@Account Closed, thanks for the response.  You confirmed what I already suspected.  I guess that's why they call it investing.  There is definitely risk involved in many ways.

Kind Regards,
Kelvin