After first-last-security deposit is paid, he and his family are moving in, my new best buddy has his house rented, and I'm making $200 a month until they qualify for their loan in about a year or so, at which point I get the difference between what I've negotiated my seller down to, and what my buyers have already agreed to pay.I go out to my car to get my paper-work, and find that I have several copies of contracts for cash-offers, but none for lease-options....are you @#$%ing kidding me?

Hey, everyoneToday my brother and I are meeting with a title company to build some business relationships and, hopefully, secure the agent we will be working with in the future.

If you are very secure with your opinion of value you don't need an appraisal.

My motivation is to make sure that the social security number she gave me is the correct one.

In addition, make sure to have an assignment page that will cover you that will have options for you to accept a non-refundable down payment and having a clause for reimbursing you as an assignor for any costs you may incur while placing the property under contract..i.e earnest money or option/due diligence fees.So, if you contract a property with a seller you'll have them sign your contract, an investor buyer sign the assignment page, and place a non-refundable down payment with you to secure the deal.It would be a good idea to create a relationship with a title company or closing attorney that has investor experience to hear what advice they have for you.

Now do you have to place them on title to secure them?

Nathan, you use a term that has interesting implications. " a distressed buyer" The rent to own market is an area that appears to be heating up as many previous home owners who lost their homes to foreclosure want to secure a stable home for their family.Do you know of any situations where this strategy has been used successfully with subject to investing?

That is a concern, it could have been much worse if this occurred when everyone was home and asleep.Reported claim to Farmer Ins. this morning.contacted company referred by my broker and they will go out and further secure property.Trying to find temporary housing for my tenant. need to contact section 8 to find out how to proceed with them.could be many weeks to get Property back to rent able condition.

If you want, I can forward to you the complete package which has the appraisal as well as my comps analysis.

Are you financially able to handle any negative cash flow and is your income from job secure?