If they do not get the mortgage to buy, they are up to the mercy of the Seller to evict or extend lease only or redo the lease option.Please do lease option for 1 year, with 2 x 12 month extensions.BTW, this technique of Lease Optioning then Assigning, is called Cooperative Assignment.These "CO OPs" can be done with Land Contracts as well.I like them for "skinny" deals.

They appreciate old fashioned, non-sexy, borderline boring, tried and true investing techniques.

That's called "cross collateralization", and is a common technique to use one property's equity to acquire another.

Do you think this is a viable technique?

Making outrageous claims that you have coined phrases and invented a never been done before technique is no more true than me stating pigs can fly.

This can be a great technique when you wholesale.

So what negotiation techniques are there for taking care of liens.

One effective way we've used (and still using) is our "Columbo Technique" that I named after the detective inspector Columbo.

Credit isn't as important if your interested in creative financing techniques, I would highly recommend spending that money on more advanced education and or marketing depending on which strategy you end up choosing.

It does not matter how I work a short sale or what techniques I use.