I've been curious about this for a while after reading a few books.When you are lease optioning homes to tenants/buyers, what percentage actually end up exercising the options?

You buy the house in name of LLC --she can do all the leg work --bird dogging or cheking comps etc --you can also pay small fee and make her an assistant and have heraccess MLS for searches- comps etc --so she can do more than just bird dogging ---teach her more and be more productive -- you can define profit sharing percentage in your Operating Agreement.I am just completing one --for a buisness -- where by I found an Invetsor who to put up 100% financing --I have an American Partner who will operate the Business day to day activities--will get paid salary -- plus 45 % of net profit per month --but we have agreed -that I will pay him 50% of net profit when we sell our business in three years -- he is happy --becasue he found the deal -- a closed commercial property --do not want to get too much details - but can be done --Just have good attorney and accountant's advise you --for your state --You can also have separate LLC for each property --in case you can't sell right away and need to keep as rental - she can find tenants and manage property --Do you really need the License ?

Normally, I never carry balances on credit cards, but a few years back when you could still get 6%+ on savings and/or CD's, I had several 0% credit cards with close to 80% utilization with little impact on my credit score (maybe 15 to 20 points - my score runs in the high 700's so 15 or 20 points was nothing to be concerned with).I wouldn't be real concerned with utilization percentage until you get up around 80% on a single card or 50%+ utilization of the available credit amount available across all your credit cards.Of course, if your FICO score is marginal to begin with higher utilization may have more of an impact.FYI - Most credit cards these days charge a 4 to 5% fee for cash advances, plus a higher interest rate - so not sure they would be that much better than a hard money lender anyway.A few years back you could get 0% cash advances with no fee and the 0% was good for 12 to 18 months, but those days are over.How to profit with 0% credit cards - guide from a few years back.http://www.fatwallet.com/forums/finance/632935/

The ownership percentages can also be spelled out in the deed.

Well, it's almost over, can't wait to see car commercials again.Just wondering what you all think will be the states with the highest voter turn out as a per centage of registered voters?

Put it all together and it is a pretty good percentage, but you will never get them all!

But I will start you off the basics of wholesaling: 1.Find buyers 2.Find sellers/properties 3.Negotiate and get property under contract 4.Assign property to buyer 5.Get paid To evaluate a deal you do the MAO formula which is 70%(or less)of the ARV-Repairs-Your assignment fee=Maximum Allowable Offer and the percentage of the ARV is dependent on the market condition.

Contractually, do you promise them a certain percentage?

It would be interesting to see if there is a report out there on the world wide web that put more clarity to factual data on consumers, speculation investors, builders, hedge funds/wall street and their perspective roles or percentages to the collapse/meltdown/downturn or whatever you wanna call it.

These units are frequently used for rentals, so the percentage will always be high.What are your experiences with buyers getting financing when the NOO rate is high?