I haven't been able to find an explanation of how to close on an option.

Thanks for the explanation.

I had heard bits and pieces of all that, but your explanation clarifies it a lot.

New investor here...Can someone give me a good explanation of the differences between HEL and HELOC?

At the very least, his explanation of positive cash flows in rental situations is pretty darn close to what BP vets follow as well:http://www.johntreed.com/positive.html

thanks for the explanation

So I am looking for some options and perhaps a little bit of an explanation on how to do said option.

I’ll break it down for you and give the simple explanation and I’ll show you how it’s like other types of investments (because there are similarities).

Hi Ryan,Thanks for the explanation.

It takes a bit of explanation so please be patient with me.When applying for a mortgage to purchase the property, the lenders want the investors to put down at least 20% so that the investor is more vested in the property and therefore less risky.