An owner selling by themselves can forego/accidently overlook certain steps in the transaction whereby a licensed agent would be compelled to expound i.e. inspections and disclosures.I would limit my exposure by offering owner financing bad credit ok with 5 or 10% down, then sift thru the possible leads for someone who qualifies for an 90 to 95% sub-prime mortgage or who has the best possibilty of qualifying for one in a year.

I wouldn't sweat it about the possibility of losing money in a real estate transaction.

Maybe with some clarification, everybody's productivity can increase.

The product includes an audio cd and an access to members only password protected website.

Most of the homes I've bought in Texas had been built less then 5 years from my purchase date and are often like new after some very minor touch-ups (clean carpet, repair fence post, install new showerhead, etc).3) The mortgage market has a variety of products out there today.

In real estate, a transaction could be risky if you dont know and understand your market and what the current real estate trends are in your area.

Lease Option Purchase....Assignment of Contract, etc....If I understand....first find a property..... preferably FSBO.... work out a deal with the seller where I give the seller X $ amount such as $4000 plus a monthly payment .... and the option for X amount of time........at this point does the lease option gets recorded or how do I protect myself from the transaction?.....

How would the mortgage products be for a secondary home since it would be my Mother and myself on paper for the loan and we both live in separate states from the property.

Is there a posibility that perhaps one or more of the seasoned investors were to write an article on how to do a Lease Option transaction....outlining all the steps from beginning to end?

Cash is king.In commercial real estate the transactions involve larger dollar amounts than most residential properties.