I have been putting bandit signs up and trying to do subject to deals so that i can get control of houses cheaply but the problem is 1) subject to is a short term startegy becuase they may call loan due at any time 2) lots of subject to deal the house is under water I already wasted $1k in bandit signs and feeling discourage...I know there are a lot of creative financing deals out there..

Before you plunk down $1000 on a course, let alone $10,000 on a mentorship program, just buy a list or sign up with one of the local companies that provides leads and start sending letters.

The woman and her husband initially signed the lease and submitted to Section 8.

We recently signed up for highspeed internet with them.

I thought it was just like a rental agreement with an option to purchase... so you just get all the lease agreement together and have it signed.. do you really need an escrow agent to close it?

I just sent them a copy of the paper they both signed so thats done I lost a week with them and it was a hassle to verify their information.

At what point do I give them a copy of the original contract I signed with seller?

Owner Owes $85,000PITI is $794.00.Owner lives in another state and home is vacant.Our Strategy:[/b]RESIDENTIAL LEASE WITH OPTION TO PURCHASE AGREEMENT©I believe the RESIDENTIAL LEASE WITH OPTION TO PURCHASE AGREEMENT© is the Agreement used between ourselves and the SELLERRESIDENTIAL LEASE1) Rent: $ 800.00 per month (Based on current rents in the area)2) Lease Term: 12 months, beginning September 1, 2012 and ending September 1, 2013 .3) Maintenance: Buyer/Tenant will be responsible for maintenance and repairs of the property, not to exceed $200.00 per incident.OPTION to PURCHASE4) Purchase Price:$89,9895) Option Period: 36 months, beginning September 1, 2012 and ending September 1, 2015.6) Option Consideration: $10.00 All Option Consideration will be credited in full toward the purchase of the property.7) Rent Credit: Buyer/Tenant will be credited $400.00 per month toward the purchase.8) Closing Costs: Purchaser will pay all allowable closing costs.9) Expiration: This offer shall expire on August 9, 2012 at 12:00 midnight.10) Inspection: This offer is contingent upon physical inspection of property and subsequent completion of a formal and signed Residential Lease with Option to Purchase Agreement.MEMORANDUM OF OPTION to cloud titler Tenant/BuyerWith our Tenant/ Buyer we will use the following documents:OPTION TO PURCHASE AGREEMENT© which cannot be assigned.Purchase Price: $93,000Option consideration: @5% $4650.00Rent: $900.00Lease: 12 months, renewable x 3.RESIDENTIAL LEASE AGREEMENT© Unassignable.Your critical analysis of this deal is highly appreciated.

The addendum you sign will forbid it.

Let’s also assume I have adequate cash reserves beyond this as well as a good income (vague, I know, but let’s just assume I don’t walk around with a sign stating “OCCUPY!