Keep in mind that not all lawyers like to do L/O'S so ask around for the ones who do..

As knowing John well (10+ years) as a Lease Purchase Advisor to his home sellers in Texas and 1 on 1 LO Trainer to REI Newbies in LOs, I can attest to his post here.

Back in the 90's, early 2000's I did about two dozen LO's as the owner and broker for the owners.

Credit score, cash and a willing partner are important, but to the degree you are perhaps looking to buy a multitude of properties, it is important to discuss this with a knowledgeable LO that can offer you guidance along the way to parallel your goals with instructions and insight.

Sean,Brian and John are two of the leading experts in l/o's.

I am working with l/o's mostly---I can do 0 equity or even a lil under water.

I've been out there doing trying to land my first L/O deal for the last 4 months.

thanks, so if I understand correctly the "funds received" need to be deposited and cant be touched until the L/O is executed or terminated?

I would want for you to find a CURRENT seller that would lease to you under market and sell yo you under market, and have you sub lease and sub option.Or I would want you to lease option and assign to a CURRENT seller.There are too many houses out there right now that are current and will do Sandwiches or LO Assignments.

She wants me to find a l/o for her BUT her ideal sitch would be an investor that would buy this one back and lease it to her and her fam.The glitch?