I didn't know that to form a partnership you need their approval.

Has anyone has any success putting tenants into lease option programs with buyers who could not get traditional financing?

**Well, right now i have a "sales contract", and an "agreement for assignment of contract" that came with a program i purchased, but i am not sure if i can use those for the state i am in which is California.

I have pre-approval to do 4-5 of the 50,000 deals that meet MikeOH's 50% rule but it isn't much good to have the funds available if the lenders will not finance.Most bank-owned properties I have found, the REO officers are cutting prices and willing to deal, but here in Alabama, the one year right of redemption is holding up my financing.Any ideas?

With seller assistance, you could configure a 95 CLTV loan program, but you would need a 20% seller 2nd.Regards,Scott Miller

Alexis offering the 3 day onsite training program in CA area.

I know of a development that just got approval in our town.

It is put in a placement program which is an escrow account.

Somehow you also get some sort of "master's" once you accomplish their course, but from what I have heard about this program, this really doesn't mean anything.

In one state I know an old person can defer the property taxes by signing up with a specific program.