If this lease-option "buyer" is a relative newbie (and I'm betting he is), then I would NOT do this deal.

If the prime rate was to climb a few points, I am willing to bet all the banks will jump back on board.I have not had a problem with my HELOC from my credit union to date (knock on wood) and they seem to have the lowest rates, lowest fees ($0), and the simplest approval process.

Tim - I'll bet your Dad taught you the meaning of real work, something far too many don't know much about.....

Based on your posts, I bet you'll have a lot to offer to the forum!

YEAH BET GOING TO THE LOCAL REA WOULD BE A START, HUH?

I bet she wont think that is insulting!

The purpose of an LLC is to protect you and all your personal assets outside of the LLC in the event of an unfavorable monetary judgement against the LLC.I agree with the other posters that setting up an LLC can be simple and inexpensive.But would I be willing to "bet the farm" on my ability to do everything required exactly right to remain out of reach of litigious hyenas?

They were speculators betting the price of housing would continue to appreciate, and they would make money when they sold.

You bet, Josh.

Your best bet once you have the traffic and the stats to back it up is to find direct advertising from companies in that niche.