After listening to many people online talk about lease option assignments and sandwich lease options, I became excited to explore more in this realm.I understand the key components and I even spoke with a local real estate attorney in order to be prepared for any legal issues (btw, he wants to charge $1200 for some contracts to be drafted), but here's my main hang-up: How can you secure a seller with a contract and get a buyer before you are liable for the lease payment?

After doing some research she discovered that with the current rates she can refinance the current home for 150k cut her current house payment in half saving $ 700/month.

For a couple of weeks prior to that, we each kept having "break-ins" wherein we'd lose appliances, HVAC equipment, higher dollar items like that, then they'd show up at one of the other rehabber's projects as the "new (appliance, HVAC component, etc)".

I discovered real estate last summer and have been soaking up material like a sponge ever since.

I stopped by the house today and discovered that the owner (wife) was still living in the house.

You need a seller that has to sell versus one riding a wave of an upmarket wanting to get a premium price.There is the component of you living there.

I've contacted the out-of-state investor several times and asked if he was interested in selling a property I discovered they had a $100k mortgage.

Someone was sloppy of this was just discovered the day before closing.

Hello AllI was surprised to get such great reply's as this is my first visit & discovered this site by a Google search.I am probably over concerned on this issue as I am the only one in the association that is an active participant.

Upon looking up some information on the property I discovered that on Zillow, not sure about the validity, that the property had been foreclosed on within the last week.