I was wondering how people would come up with that number, I am assuming there is some sort of formula for this, I know that a part of it also has to do with knowing your area, which just takes time and effort, I understand that part.

I'd have your VA simply establish that the owner is interested in selling, and then follow up yourself to determine what type of transaction would create a win-win for both parties.

I am not implying that this document is related in any way to any parties in the original post.

@Francys Crevier I know I'm late to the party but what did you decide?

This is issue of a technicality and in order to correct a deed I was told that both parties (grantor and grantee) have to sign a new corrective deed.

For example an individual puts their property into a LLC - its hard to know from the deed whether this was a true sale to a 3rd party, or in this case, not.

As long as both parties agree, the Seller should be rewarded for taking the risk on an unqualified buyer.The rent-to-own (also known as a lease-option or option to buy) is an opportunity for a buyer to purchase a home when they are unable to obtain financing through a traditional bank.

I'm over on the West side partying with the hippies all the time. ;)Personally though, I want to keep all of my properties in a very small radius while I'm working a full time job.

The fun part is figuring out how to be creative with what works best for what you are trying to do.

Unless the farmer has a very large operation both parties starve to death over time.