I have a specific purchase price with the owner and am about to complete the rehab on the house and will be ready to list it on the market soon.I've been talking through various options on how to structure the listing agreement with my realtor because I am not on the deed, but have a lease option agreement.

So here I am ready to jump right on in with yall!

Sometimes there are some good hidden treasures.

I now believe I am ready to start my journey and actually start investing!

I found a house off searching tax liens, and the seller is an elderly person who has a relative helping to get the house sold before the lien redemption ends(this month)They refuse to do a contract, i even offered to make it just a week long, at least enough time to market the house, throw it on Craigslist whatever, as i know they have limited time.I think they are trying to work other angles, which i can appreciate, and they seem eager to sell( i got them down to $10k + i would have to pay the 4500 lien) Recent solds show about 32-45k comps, and my agent says the area(moreland ave) is a lot of investor activity.Today they told me "we'll do a contract once you have the funds ready, but we don't want to do all the contract paperwork, we just want cash upfront".I explained i work with investors and I can't market the place without having a contract, and i wouldn't want to knowing they can sell it from under me.Should i basically forget about it and move on?

I think you should have an end buyer ready to buy and make sure the agent get their commission and submit the offer through the agent.

@Bill Jacobsen I would hope to have it ready to rent by April 1st.

Also be ready to check your email frequently and respond to their requests quickly.Regarding fees, some is the guaranteed origination fee, some is for the appraisal, then keep in mind you'll also have to pay beyond the down payment an escrow amount and prepaid interest.The rate you get depends on your credit score and what term you get.

So the properties need some work to be "rent ready".

Get ready for an eviction!