Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago on . Most recent reply

User Stats

5
Posts
0
Votes
Scott Mccomb
  • Minneapolis, MN
0
Votes |
5
Posts

Lease options

Scott Mccomb
  • Minneapolis, MN
Posted

Hi I'm a newbie and had takenWendy pattons lease option course a few years back.

I finally have the time to start doing something. Was wondering if any one would be willing to split the deal if I found something as long as I could pick your brain. I don't need any gurus or more paid coaching. Just need an experienced investor to partner on a couple of deals. No hacks please.

Most Popular Reply

User Stats

6,088
Posts
3,921
Votes
Brian Gibbons#5 Guru, Book, & Course Reviews Contributor
  • Investor
  • Sherman Oaks, CA
3,921
Votes |
6,088
Posts
Brian Gibbons#5 Guru, Book, & Course Reviews Contributor
  • Investor
  • Sherman Oaks, CA
Replied

Thanks @Justin Howe

Scott 

If you are in MN, I would first:

1. get a lawyer for terms deals which includes contract for deed, lease with option, lease purchase, sandwich lease options, sub2 (subject to existing financing), etc.

2. Study the property code in MN

https://www.revisor.mn.gov/statutes/?view=part&hea...

That is a good start.

@Scott Mccomb

Loading replies...