If the property is on the MLS, including an REO, the agents involved are probably going to insist on a larger earnest money amount.Jon

Maybe they can offer you some sort of workout program.

In the case of landlords, it could be that their property was involved in a drug bust; that they've been dealing with the tenant from hell; that they're being sued; etc.

Born and raised in Northeastern PA, this condition has prevented me from staying with any single employer for very long, and has led me to believe that the only way to get to where I want to go, or at least the most practical way, is involved with real estate investing.

My wife and I moved here 5 years ago for a new adventure and to get involved in the growing RE market here.I have been learning about blogging and have been looking for a place in the blogosphere to learn and to share and this seems to be a great place.

I've been involved with being in such a partnership, but not the formation.If you have access to people with money, you might try approaching them for hard money loans.

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

My situation is that I am currently involved in a major legal battle and need to reserve my funds to be able to deal with that.

thanks for coming in and sharing with us I do hope to get more people involved with this thread.

**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.