The goal is to make an upfront profit, a monthly profit and a future profit without any money down or using any credit.Each state has different laws regarding Lease Options so make check to make sure it is legal in your state and you are using the proper contracts, also the benefit of an escrow/title company is they will be able to guide you but make sure you work with an escrow/title company that is familiar with The Sandwich Lease Option.Remember to be successful action is the key...Marv Rousselow

Like many things, a balanced approach will help you learn and determine what works best for you and also be a better judge of what's worth your time (and possibly $) and what isn't .Just be mindful of what you invest in educationally.

If you take title subject to the mortgage and it's not assumable then you run the risk of triggering the Due on Sale Clause in the mortgage and having the remaining balance due and payable on demand.Sounds like she had one of World Savings famous "pick a payment" mortgage which was cloned by a few other banks and now owned by Wells Fargo.

Once you have two characters, then a few choices will appear below the textbox where you are typing the post on your browser - select the proper choice.

Just need to balance those two.

Already surprised as it was supposed to be no income verification, no credit report, no appraisal, no qualifications other than 12 months of on-time mortgage payments on the property and verification of funds to pay prepaids as not allowed to include in loan balance.

is a good and proper use of ED.

Hi Sabrina,I don't know much about Colorado law and I'm not an attorney, but I can tell you what we have done out here in California that may steer you in the proper direction and help you ask the right questions.Originally posted by Sabrina H:Also, since these properties will most likely be condos (making sure that the HOA covers the roof and exterior maintenance), do we need to get some sort of insurance outside of regular 'condominium insurance'?

Low balance retail strip centers with no solid anchor tenant does come with some potential vacancy loss and rental rate loss when tenants turnover.

I didn't know what the proper name of the form was, so I couldn't search for one.