So, I know that if I find a good opportunity,( while I have nothing to put in, as I simply don't have much to invest with) I have some options or, at least the possibility of creating a partnership.

I am not doing this because I want to be an agent I am simply doing it to learn more about the industry and hey..who knows...maybe license will come into play later on down the road.

What you said was simply an attempt to sell your stuff to newbies and was nonsense.

Then, simply assign the option.Mike

I use to play pool everyday and I was okay you know I had my fair shares of wins and losses.Not/ I was really good I mean if I kept it up and got a hold of the right people to sponser me I could go pro if I want.

Assuming you win, and she doesn't pay up, you can then file the judgment in the public records.

I have to say that subject 2 deals are a win win for all parties involved/It keeps the property out of foreclosure and keeps the credit in place.Who can ask for a better deal...IF you are going to be an investor, why not provide solutions to your clients...?

Maybe it is simply to own both the right to redeem and then the property.Otherwise consider a hard money lender who is not so concerned.

If not it is simply considered a loss!

I have never specifically used options to tie up real estate, but have traded stock options and thought I would throw in my .02 cents on risk.Any option is simply a contract between two parties where one party pays a monetary amount up front (premium) for the right, but not the obligation, to purchase some asset at a set price over a specified time frame.