depending on amounts I would imagine your option being 2-5% then 3% on top of option price.example $10,000 option raises by 3% every year if not exercised?

Just don't hold your breath waiting on payment as it's more of an exercise in futility. 

My agent is still willing to put low ball offers in.

My business partner and I are looking to exercise our creativity in the real estate market - I could not be more excited about an online community than I am about Bigger Pockets.

When I call the employer I state that the applicant enter $3000 a month/gross for income: Can you tell me if that is high, low, or in the ball park.

Many who are wrenching their hands to get into big money are simply out of their leauge, a highschool ball player could get a hit off a major league pitcher (if he put one in there) but will he actually score in a major league game?

Do some research into verdicts recently in your jurisdiction for negligence or personal injury cases and consider that a low-ball starting point.But, on the other side of the coin, realize that only about 5% of cases filed actually end up in court.

It appears that 2-3 years are the typical length of Lease Option Contracts but that does seem too short if you are really hoping that the tenant/future buyer will really repair their credit in time to exercise their purchase option.Why wouldn't we want to grant a 5, 7 or 10 year option?

BOA will counter an offer within a ball park of what the BPO comes in at usually.Good luck.

The particualr area I'm in is one of the best school districts in the area so I'd like to be ready for April/May 2012 with a 3BR/2 property to get the ball rolling.Another option is MFH (duplex or quad) in high density areas around Houston.My current plan is to start a side business doing what I know (IT) after-hours/weekends to raise some $.