I persuade her to quick claim the deed to me and I would negotiate with the bank.

I am a Realtor in Calfornia and our typical commission is 2.5-3% for both sides....remember this is negotiable

Of course people say to start out wholesaling, that way if I can negotiate a wholesale, you can negotiate anything.

I would use that number to start my negotiations but I would be very careful about going too much above that number.

I have signed non-competes before in the corporate world but have always negotiated them to apply for a very specific geographic area and for a limited time.

Reason is that I am selling the right for the end buyer to purchase the property at a negotiated price.

===============I think there are a few issues for the Tenant Buyer that need to be not negotiated but BE CLEARLY THOUGHT ABOUT AND DISCUSSED with a win-win.Equitable Interest is discussed when a Tenant Buyer is nervous or suspicious of the Lessor - Optionor.Lawyers use the term to create a lawsuit Against the Optionor-Lessor.Judges in Landlord-Tenant disputes use Equitable Interest as reason to have a poor, ignorant Tenant Buyer being conned by Greedy Seller-Investor.IRS have called SOME Lease Options as DEEMED A COMPLETED PURCHASE AND SALE OR A DISGUISED INSTALLMENT SALE.Gee, what a hassle for the Real Estate Investor!

Real Estate investing is much like poker when it comes to negotiating.

Approach small banks and credit unions and negotiate a master loan commitment for the refinances.

Here are the numbers:ARV: $60-$65k (Has appraised in Aug. '08 for $74.9K) but it's difficult to find comps because it is in a rural area (not a neighborhood and about 5 miles outside of the cityRepairs: minimal; $5k (alot of updating took place in 2005)I have negotiated this so far to $35k.