I believe there was a BiggerPockets podcast where an investor who uses lease options often stated that only 5% of the time does the tenant actually execute the option.

I am currently in saving mode and am excited once I can start the actual investing .Their is so much to learn, I know I'm bound to make mistakes but that is just part of the journey .Thanks for the welcome!

Has anyone ever compared such figures with actual ones supplied by a realtor?

 Actually, *all* of my deals are either Seller Financing, Lease Option, Wrap, Subject To or Land Contract.

You are actually interviewing them.8)How soon can I begin to collect either a paycheck under a broker or a commission?

Any actually in the case of the lead based paint disclosure, it is the Seller who is required to execute that, and would also be liable.Of course, education and paying attention to what you are doing are your best prevention.

Banks will use 75% of actual rents plus your W2 income and then apply their DTI ratio along with credit score and all the other things that go into them determining if they will finance the deal.

You'll stand head-and-shoulders above the rest if you will just have contact systems that actually work and if you will just actually return calls/messages and actually do what you have told your customers you will do.

@Mike S. have you actually spoken to any of them?

I'm using actual numbers that average my last few deals.36K Purchase house with my cash 24K rehab with my cash 75K She goes and gets a loan herself, and buys it from me60K Gives me my initial cash outlay back15K Cash & 25K Equity & $150/Month cash flow she keeps for herself while having put out $0 of her own.