any time you borrow against your personal house, you are risking. it's like getting a HELOC and going on vacation. just that this "vacation" has a potential of paying you back if you do it right.no risk = no reward

When you seek to separate risk from reward, the idea is to get all of the reward and none of the risk, not the other way around, which is what you are asking from the broker.

All risk, little reward.

I felt the risk-reward was in my favor here, especially after stating in the contract that I can cancel the agreement for any reason during the first 14 days (which is also a law.)I've read the information on http://www.lonestarlandlaw.com/Lease-Options.htmlBut elsewhere, I read that some of these things aren't required.

If you have to borrow the 10k and it would affect your family if you had to pay back the loan on your own then you might want investigate it more or partner with someone giving them the risk and a large portion of the reward.

What makes sense for you from a financial standpoint (your financials...your risk...your reward). 

Risk vs reward? 


But at the end of the day, I value my time and if I am going to take on all the risk, I need to make sure the reward is worth it.  

ITs a risk reward scenario and you must be able to either do your own title search or like I said have a good enough relationship that a title co . will give you a date down over the phone which is 95% accurate or better.. then your risking 30 to 40k on a title issue if your in the bizz and lose well that's just the cost of doing business..

It doesn't always feel rewarding or the best path, but we know it is the right path for us for right now.