haha  Thank you  No...just experienced, and familiar with the most common questions and mistakes many investors make when they attempt to use the lease option, or Sandwich LO strategies.

Regarding TEXAS law...Unless the property is free and clear, a sandwich LO with a consumer is prohibited.

Thanks Marv,But is there ever a situation where an Agreement for Deed would be a better way to go over a LO Agreement in a LO or a Sandwich LO. 

First off, you dont really wholesale a L/O, you can set it up as a sandwich (you L/O from a seller and then sell on a L/O for more). 

You can help her L/O it to someone else and keep the option money- LeGrand was teaching that in his ACTS course (I didn't take), Brian probably knows that one way better than me, but if you do a sandwich L/O (you lease option it from her, then lease option it out to someone else at higher numbers) there's just so much that can go wrong, I'm not a fan. 

We got it down to about 169,000 in just under a year by taking some equity out of the house, 401K and literally eating peanut butter and jelly sandwiches daily.

Sandwich lease opts are very attractive too.Does anyone have any suggestions for me to give me a little bit of a jumpstart?

Keep in mind that they don't require any cash or credit to get done and you can do both sandwich lease options as well as wholes lease options.

when figuring out earnest money how do you figure out the amount to be charged and do I get this or does the owner get this money.also does a sandwich lease buy option require me to put money own money down towards the down payment?

Sandwich leases (does anybody still do those?)