@Cody L.

  (2 years of tax returns business and 2 from personal, P&L statements down to the month, invoices, and since you have 3 extra units make sure you include the potential income you will have with tenants in the property.)

I have approached by Ash Hoss at New Western and he approached me with a Sell and Buy opportunity and l would appreciate any feedback.

Perhaps this is dead simple observation, but it seems like that equity I took out (which I'm still paying interest on) should be factored into the new property P&L since taking out equity is never seemingly total free and clear.  

@Brandon L.

@Brandon L.

I think you have a few things confused because your base understanding is fuzzy.The L/O strategy involves 3 separate contracts.  1) Lease, 2)Option to Buy, 3) Purchase agreement.Here are some critical points to follow, and are not changeable or negotiable:1)  The Lease and the Option are NEVER to refer to each other and NEVER be combined into one contract...NEVER, EVER.2)  Never, EVER give any credits from rent towards the purchase. 

@Pat L.

Hello, newbie here but am interested in contract assigning to make some extra cash. I know the basics of contract assignment and read about Joe Mccall's course on assigning Lease/Option contracts and watched his YT vi...

Hello, newbie here but am interested in contract assigning to make some extra cash. I know the basics of contract assignment and read about Joe Mccall's course on assigning Lease/Option contracts and watched his YT vi...