Okay a couple of LEASE OPTION issues I couldn't figure out..

[Sean Davis]

Hello all,

I have literally spent the last 2 or 3 hours reading everything I could find on lease options. It seems like I can make some money here. I understand the basics of how a lease option works from the seller's end. I understand how a lease option works on the buyer's end. The only part I'm not getting a good grip on is what I can do as a middle man so to speak.

For example, I have a guy that has a home about to foreclose. He is trying to avoid that. The numbers aren't falling into place for me to wholesale it, but now I'm considering talking to him about a lease option. I BELIEVE I would lease option the property from him with a contract as if I was going to "rent to own" it. Then I have a tenant buyer lined up who will "rent to own" it from me with an upfront fee of $xk. At that point, am I bringing them together as I slide out with the upfront fee never to be heard from again? Better yet, please can someone give me the basics of how to do this as a middle man? Like I said before... I am studying it on my own... I just need a little help piecing various parts together... Thanks!