There was a podcast not that long ago that a guy talked about bringing in some sandwiches to the bank and he ended up with 100k worth of a credit line.  

Now, since I have limited capital, one area I’m looking into is Sandwich Lease Options.

Thinking now I could have the seller sign an option OR lease option agreement And then sandwich lease to a tenant buyer as-is.

I use sandwich lease options to acquire properties and rent them to tenant buyers.

Purchase price: $339,900 Cash invested: $10 First ever sandwich lease option deal!

Are you intending to live in the house until you exercise the option, or are you planning on doing a Sandwich LO?

The list isn't important anyway.B - The process you are following, doing what I am assuming is a Sandwich Lease Option is as follows:   1 - Gain control of the property by signing a lease agreement, and an Option agreement (they are 2 separate agreements, and should NEVER be a single agreement...and never include references from one to the other) in the name of an LLC (you).   2 - Sub lease to the tenant (buyer).   3 - Sell an Option on your LLC to the Tenant/Buyer.   4 - When the Tenant/Buyer exercises their Option, they are buying the LLC.   5 - The Tenant/Buyer now owns the LLC, and all its assets...which include the Option to buy the property.   6 - In the end, the Seller never changes, and the buyer never changes. 

It's either a lease "purchase", or a lease "option".What you're talking about is a Sandwich Lease Option...and it works very well, but not the way you've described it...at all.That being said, there is no connection at all from the seller's mortgage to your rent payment to him. 

Account Closed Look up Wholesaling lease options and Sandwich Lease Options.

You’ll need to sell some food, sandwiches, muffins, etc  too I would think....coolers, display cases/coolers, dishes, dishwashers, supplies, costs for labor, rent, utilities, insurance, licenses, permits, inspections, etc, etc.