Great Intro-Seminar given by @John Jackson last night at the RICH Club of Houston...Get the full lease option scoop in Texas and be on your way to making dollar$$$ with LO's the right way in Texas on June 7 & 8 when he'll be giving a live 2 day event in Houston, TX.NOTE: Sandwich LO's in Texas - they're OUT in Texas, No Bueno....

Yes, pretty big deal for the L/O seller financing guys, search here on BP "Dodd-Frank" you'll find tons of info and links to the Consumer Financial Protection Board, who you can also google and see the new regulations.Good luck :)

If @Edward Beard pursues a cooperative lease option, he would be getting a LO on the house and then assigning his LO contract to an end buyer.

It's owned free and clear- she wants to do the 1031 and is not interested in a L/O or carryback of financing.

I have a potential sandwich LO deal, but the owner is three months behind on payments so....

Lo's are great, but if you feel the seller is asking WAY too much already...forget it...wish him luck, give him your contact info, and he'll call you back in 4 months when the house is empty...still...

Lo's are all I've done for 9 year and IMHO I really do think they are a great way for newbies to stick their toes in the water.

3.I was thinking maybe the best exit strategy on a LO for me might to be just to execute a “Contract for Conditional Release” where once I find the T/B and instead of assigning any rights, just have everybody close at my attorneys and instead of collecting the option from the T/B I charge the same amount to the owner and charge them a Conditional Release (Document giving my rights up to purchase the property for a fee).

In 9 years..9 freakin years of LO's...I can tell you the 1 time someone actually made good when I "spread out the down".....Don't do it....Please...for the love of all that is good in the world....don't do it....

He's a LO and I'd bet he could tell you.