Starting investor in WA, interested in any tips on obtaining the necessary contract forms to proceed with a sanwich lease option deal.

Any ideas as to obtaining these documents?

Doesn't sit right with me unless Joe's Sandwich shop on the corner gets help too.Sorry, you asked what I thought though... done venting now :oops:-Michael

You describe something similiar to a sandwich lease where for all intents and purposes, the person in the middle is a broker and can get in trouble as such if you aren't licensed and things go way bad.

If I were preparing a strategy for a sandwich lease what would I write into so that if my T/B did not make the entire year, thus leaving me with only a few months left on my seller's option. say I setup a deal w/ seller that gets me control for 12 months. 1 month later i find T/B but he only stays for 7 months.

Whereas, with a sandwich lease option I got into this house with no money down and quickly came out $4,000 ahead.

Never make guarantees on lease payments from TBers to the Seller's Mortgage Company on Sandwiches.

Do you want to buy and rent, buy and sell on lease option (less maintenance, higher payback if you can get good long term financing), sandwich lease, etc.

I'm planning on finding a motivated seller who would be willing to do a lease option.

Should I disclose to them before hand that I intend to sub lease it out immedietly or should I simply tell them that I have the ...

I think you're referring to a sandwich lease option.

Can someone please explain the steps involved when doing a sandwich lease option?