Hopefully a Los Angeles native can throw more light on that one.Good Luck

I could find a LO or CFD buyer very quickly though.

Brian,I sent a email to the David the lawyer from the link you posted asking him to provide me with court cases where someone was found guilty of to a LO in Texas and I will see if he will respond with court cases or BS.Joe Gore

Originally posted by William Bannister:With money like that to start with the sky is the limit you can even be a hmlThats also a viable option, but alos somewhat of a job and without appreciation.

The option consideration in a LO is non-refundable so you can spend it as you like.

It seems the Realtor and seller would think of you as the "Buyer" as in a SLO deal and responsible for the property since you are still staying in the deal.But if you approach the Realtor as in doing a LO assignment and putting a T/B in the seller's property and then stepping out of the deal, this may seem to the Realtor as if you are acting as a real estate agent w/o a license.

@Jerry KisasonakFor OO,do a 12 month lease, no rent credits, get TBer to RMLO for a look at ATR.Should be fine on a LO.

Doesn't look like a LO contract will work for this seller anyway, but I'm wondering if there is a legal way to charge an additional 30% without changing the nature of the rental into a purchase?

Palos Verdes, huh?

And you can get a LO on the phone no problemI know of a few that have closed deals with them they were 2k million plus loans.