New investor would like some guidence

[Account Closed]

I am interested in doing creative financing.... Lease Option Purchase....Assignment of Contract, etc....

If I understand....first find a property..... preferably FSBO.... work out a deal with the seller where I give the seller X $ amount such as $4000 plus a monthly payment .... and the option for X amount of time........

at this point does the lease option gets recorded or how do I protect myself from the transaction?..... what happens to the deed?...

now... I find a buyer who is willing to purchase the property.... what happens next?...... we draw a contract to purchase.?....o will it be an assignment?....or simply another lease option?......

next....we are ready to exercise the options......

my option with the seller.....and the option with my buyer....

how is it handled at this pont and by whom?

how is the money disbursed?....meaning....my buyer pays for the proptery.....seller gets his money.....and I get my share as per the purchase option with the buyer?.....

I've never done any deals and would appreciate any imput, guidance for all of you.....

I do thank you in advance for your time and consideration.

Happy investing!!