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All Forum Posts by: N/A N/A

N/A N/A has started 2 posts and replied 3 times.

[b]The power of a $1.00 investment ($7,000 profit)
By: Diana Fontanez – Lease Purchase Specialist and Consultant[/b]

What can you do with a $1.00? Buy a Snicker Bar™? Maybe. But I am smarter than that because with $1.00 I could do wonders with the unique Lease Purchase Alternative.

Allow me to explain how a $1.00 created $7,000 in just 6 hours.

I received a call from one of my powerful Lease Purchase Seller Ads. A motivated seller wanted to lease purchase his home for a 2 year term, $1,300 monthly rent, and a $195k purchase price. It sounded good so I went to work to check the area. It was a commercial area with lots of developments going on. I found out a Home Depot™ was going to be built soon too. The rents in the area were going for $2k a month and based on comps the property was worth around $225k. My light bulb went on!

I had 2 alternatives here:

Rent the property for 2 years, at $1,300 with a purchase price of $195k and sublet the property for 1 year, purchase price of $225k and a $2,000 monthly rent. This will allow me to create a positive cash flow, get non refundable option consideration and a backend profit or…

Use the magic of $1.00 to create an assignment and collect a fee.

The home was free and clear and I asked him if I offered all cash what price will he give me. He said $175k ($50k discount). I told him I will work with him on a pure option deal. I will look for a buyer and flip the contract for an assignment fee.

I contacted my pips from my database and the first investor recently purchased a gas station so he said no. The second one liked the idea because he was looking for something like that and the third one just invested in a building. Went over the property with the second investor and he loved it. I used my assignment contract and he gave me a check for $7,000. I went home singing my Madonna’s song and gleaming with happiness!

The power of a dollar! I think I’ll buy a Snicker Bar™ now!

To your success,

Diana Fontanez
Lease Purchase Specialist and Consultant

Post: Sandwich lease options

N/A N/APosted
  • Posts 4
  • Votes 3
Originally posted by "forsalebyBrent":
Why would an owner go for a sandwich deal instead of doing a straight lease option themself?

It depends on the seller and the deal.

With a Sandwich lease you are basically dealing with a motivated seller. If the owner doesnt want to discount the price, and negotiate good terms that benefit you then a straight lease option is the way to go. Of course, I am smarter than that so i will tell him.

"Listen Mr. Seller, i consult on a one on one basis. If you would like to do the deal yourself, you need the right contracts. Lets consult for a $500 consultation fee and I will show you how to do it yourself and protect yourself also".

There are several techniques within a Lease Purchase.

1. Sandwich Lease
2. Cooperative Agreement (for non motivated sellers who want control)
3. Pure Option
4. Live in it myself

In a Sanwich Lease you will use 1 contract with the seller and 2 contracts with the tenant buyer.

On a cooperative agreement you will use 1 contract, find the tenant and by seller's approval get a tenant in and collect a fee which could be used towards the purchase price.

On a pure option is an agreement absent a lease. Excellent to flip wholesale deals or when the seller wants all cash. You will basically help him move his property, sell the contract, collect money or create notes!

Hi everyone!

Great to feel at home at such a great site.

Brief introduction:

My name is Diana Fontanez. I am a Lease Purchase Specialist and Consultant on this wonderful strategy that has allowed me to invest in properties and consult in Puerto Rico and the US.

My strategy is combined with a great attitude, powerful contracts and a desire to help others achieve their goals!

Anything is possible if you believe!!

To your success!

Diana Fontanez