If you put a clause in the lease allowing you to inspect with 24 hours notice, and stating that you may exercise the option to inspect on a monthly basis - then you can choose to go if you want, or not.

I purchased a fourplex in 2013 via FHA and later refinanced into a conventional loan and I was looking to repeat that exercise however it seems like the underwriters on now interpreting the FHA guidelines how you are describing them.

. • $2000 non-refundable option payment toward the purchase price• $400 rent credit toward the down payment per month (for on time payment) • Exercise Strike Price at $639,000.00 • Tenant Buyer had 2 years to get new financing.

Yes, be sure to check out all local laws.Include in this check the eviction laws as some eviction courts have said that they do not have jurisdiction in this matter because there is a question of who has "interest" in the property due to the "rent to own" contract possible giving the renter an interest in the ownership until the time that they choose not to exercise their option.

If I understand your question correctly, you want to assign a contract to a property that has a property taxes lien.Yes, you can assign a contract if you are assigning the right to close exercise that you have with the current owner on title.

For example, you could buy a property subject-2 and then lease-option it to a tenant buyer who would take title when they exercise their option.

I've been playing phone tag with a lawyer but the $200 towards the mortgage is intended to be a credit towards the cost of the home when they decide to exercise the option to buy.  

Set an strike price, sell them an option and rent to them until they exercise that option.  

Usually a wholesale deal allows you to tie up the property for a very limited time period, there is no cash flow involved, and no profit at the end when the tenant/buyer exercises their option to buy.You can get up to a three year lease/option at the investor end (in the middle), and do a series of 1 year lease/options at the back end until you sell the property.  

I will read your blog and also PM you as I would like to know a little more information on the specifics of your companie's note portfolio you offer to investors.One thing i can't get my head around, though, is if the 2nd lien holder has all of these rights to protect it's interests...modification, foreclosure, etc...why on earth don't they exercise it as opposed to selling the lien to an investor for chump change?