I was a LO for Guild for a while before I made a change to better fit my personal business model.

That's either an overlay or a LO that doesn't know his guidelines.From FannieMae.com direct:

Option 3 is a lease option scenario is the main diff with mine, and I start with all cash, then grow the price with SF and a LO as option 2 or 3. 

Seems like LO could be a great option!

We are considering picking up our 3rd STR via a LO as a way to get a property quickly vs. waiting to accumuluate the 20% down payment required to finance.My questions is, since I would not be the owner on the deed, would I have issues with obtaining a business license to operate a STR and pay the hotel/motel and sales taxes or would I need to involve the owner of the property?

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...

Hello, I am looking to do a tenant-LO (3yr with 20% FMV NROC) with home.

Why are you combining L/O and Subject to together? 

@Paul Sandhu LOL @Rita Lo sorry I don’t know anything about DFW but if you do buy and decide to self manage I’d be happy to teach you.