In general, lease options are popular in a buyer's market.I would recommend you use another creative financing tool - joint venture maybe.

Ur a construction worker so ur in a better spot to know approximate values of possible repairs; if at all u wanted to do that; start looking at cheaper housing units that can be bought cheaply, have some fun repairing and painting then turn around and flip them to investors (for a quick turn around).

@Jerry Brawner,Talk to your business attorney about setting up a joint venture (JV) for this.My $0.02...David J Dachtera

In looking into the fix & flip you may want to look for someone to partner with on your first couple deals just to get started and build some cash reserves for yourself or even do a JV (joint venture) with a private or hard money lender where you can get 100% funded.

Hello Quintessa & welcome to BP; was wondering if u checked with the assessor's office, typically that's public information that has to be always shared.

Linda, Can u PM me as well?

I work in the first mortgage realm, and have raised almost $2.00 million in joint venture funding for note acquisition.

If you have $35,000 it is much better to use that to actually buy a property or be a private investor for someone else's deal who you know and trust, or to joint venture with someone on a deal.

And plus u live in joliet.

I'm certainly willing to mentor (for free), and joint-venture/fund, those who show a propensity to work at finding deals.