If you post the area of the property you are looking at, a LO in that market might have a keyword alert set up, flagging this thread so they can answer, and poof look at that they just might have their contact info below their post in their signature block.

Hello @My Lo, welcome to BiggerPockets!

If just starting to look, then he can do as the LO suggested and work on establishing credit.If he has no credit history at all, a bit of a challenge but not one that can't be addressed.

If your attorney says he does LO's to avoid the DOS, then you may want a new attorney.  

I too am interested in the Sub2's and L/O technique after being out of investing for the last 15 yrs. 

Why would do you need an attorney....As I've said before they are deal killers...In law school you learn the common law like the rule against perpetuity, easements, etc...Creative financing is simple and straight forward...To protect your ***...ets use an LLC for holding your real estate deals...and not a California LLC to expensive...LO's can solve the DF issuesThere's plenty of escrow companies that know the ropes...

An L/O, you're not in title, neither gives you consent to make repairs or improvements, obtain a building permit, be in a refinance position instead of a purchase position as the owner is.

If you want to sell with a lease/option, find the end buyer by advertising it as a L/O property.These middleman investors make money three ways:1) higher option from their T/B than they give you2) Higher rent3) Higher eventual sales price.Also likely they will try to get you to agree to ridiclous terms like they don't have to pay rent if they don't have their end tenant/buyer in place.Do keep in mind that if you have a mortgage the option or a lease longer than three years violates the due on sale clause.

Lo and behold he's a remodeling contractor!

Makes it look like he just wants a quick sell and does not have your best interest in mind.If I understood the situation correctly, the agent did give a reason why, and it was pretty much as you said: he just wants a quick sell, and a lo-ball sale would mean a lo-ball commission.