This involves assigning contracts, or double-closing, if absolutely necessary.

I made a short sale offer with him on one of these properties, but the bank ended up foreclosing.With some research, I found out the bank involved, called them, and was put in contact with the new listing agent of 1 day.

Odds are that your buyer probably doesn't have the cash or the risk tolerance to settle someone else's loan prior to closing.

First, sandwich lease-options are very risky, with an elevated risk of becoming involved in a lawsuit (2 lawsuits).Furthermore, the vast majority of people who buy on lease option never buy the property.

DPA = Down Payment Assistance As far as owner carried notes, I was referring to the owner doing the financing, no bank involved, however, owner carried seconds can be done with lender financing, not sure about getting this done with an REO.

This is a business that involves a lot of personal contacts.

They do not get involved in collecting payments, they just match buyers and sellers and receive half the option money..... then they are done.

Since then I've been reading many RE books (so many books) trying to get a handle on what's involved.

Somewhat odd but I have a few tiles that I am trying to match.

I have thought about getting involved with a mentor so I can get advice on business plan, etc. but don't want to make a bad choice about education.