I charge a much higher lease9. if I really want the house sold I give credits for the down payment, if I don't want the house sold I give credits for the price of the house10. for owner benefit have the term be 1 year, for tenant benefit have the term be 2-3 years11. at expiration of the option if tenant has no gotten a conventional loan or hit the lottery [ megabucks in Las Vegas ] he is vacated, 12. rinse repeat, until a tenant actually purchases13. [ lucky 13 ] pay taxes on the option down payment, and keep what's left overGeneral Housekeeping- have an escrow company hold all payments until all contracts are signed by both home owner and tenant- all payments are collected by 3rd party company, owner's bank get its payment, I get my cut- I take out title insuranceAssignment- once all paperwork is signed and money is rolling in and tenant is paying, sell the entire deal to investor, as cash flow, for an assignment feeDid I leave out anything?

When I said "by that industry" I was referring to the farming industry as a whole.I highly recommend reviewing these links for more information.Chapter 11http://www.timbertax.org/publications/aghandbook/AgHdbk718.pdf Operating Expenses and Carrying Charges The rules for deducting timber-related operating expenses and carrying charges, as set out in Chapter 5, apply as well to Christmas tree production if the trees in question are more than 6 years old when cut or sold.

My advise is get a mentor and cut your learning curve way down and you'll stay out of trouble with a pro at your side.Best of luck

This was when we should have stopped the presses and cut our losses.

There's a few workarounds we are looking at, but you really can't cut corners with the SEC or the states.

Hey @Robert Steele - I love that new double vanity.

Now what I would do is deposit it and cut him a check ASAP as I'm assuming the check is in your name.

Every women loved the home, every husband stated "I need a garage" and the car port was not going to cut it.

I would look to understand what type of income the borrower makes, or where that down payment came from.While the bid at a high level looks aggressive if the borrower starts to prepay and with the payment being low and reasonable, he could cut your yield in half or more.

This tries to keep the sellers honest to not try doing the exact thing you are speaking of which is the cut the listing broker out of a valid contract they have with the seller.How much do you want to put down on seller finance 5,10,15% down.