I live on an island so its hard to actually find ppl (lawyers) in person to talk to and get advice from.

Being in Texas:Option greater than 180 days are not legalContract for Deed is not legalWraps can be done but I urge you to use the services of a Lawyer who specializes in this area as creating a new loan can fall under the requirements of Dodd-Frank

Please speak to a real estate lawyer!!

You could do: 3.75x Rental Income, and not a lawyer.

Our company is going through the same thing right now and we have met a number of quality professionals - accountants, lawyers, and banks.Send me a PM if you would like introductions.

I live in the WESTERN MASS area, can anyone recommend a good Lawyer out this way?? 

“Unfortunately, El Paso has become a prime area for predatory wrap scammers, in particular those that target our military families who might need to sell their homes quickly, our unbanked immigrant population, and inexperienced first-time homebuyers who may struggle to obtain credit through a traditional bank,” Sen.

I'm meeting with an accountant and and a lawyer over the next couple weeks to make sure I understand all the moving parts, but thought I might as well get as much background info as I could first.

I'll get a lawyer if I decide to move forward.  

Why are you opposed to hiring a good RE lawyer to draft a state friendly contract for you and educate you on what the verbiage really means?