LITMIR.BIZ

A step by step guide to buying your dream home NOW without a mortgage using the rent-to-own method while rebuilding your credit. The entire rent-to-own process is covered explaining key fundamentals including:<br><br>– How to find your dream home NOW<br>– How you can save thousands of dollars on your purchase<br>– Dozens of ideas to help you rebuild your credit along the way<br>– How to keep from making costly mistakes <br>– Understanding the paperwork<br>– Pitfalls to avoid<br>– How to Make an offer and handle negotiations <br>– How to qualify for financing of the final purchase <br>– Numerous tips to make sure things go smoothly <br>– Ways to add peace of mind/reduce stress during the process

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A guide to investing in real estate when lending is tight – without needing a mortgage, good credit, or a down payment.<br><br>Audience: The investor looking to invest in real estate using lease options.<br><br>Lease Options are becoming quite the buzz word lately. Years ago it was harder for me to get Realtors to even consider a Lease Option for their clients. Today, markets all across the country have changed. Lease Options are currently a viable industry trend and needed for many sellers to sell their homes.<br><br>What is a Lease Option?<br>A Lease Option is a way to purchase real estate, usually with very little or no money down, sometimes even with money back in the investor&#39;s pocket. Sound too good to be true? Well, it isn&#39;t. Can an investor end up with money in their pocket and not have to put 10-20% down to purchase real estate? Yes. This technique is used commonly today by the most successful real estate investors.<br><br>The lease option strategy gives an investor the right to lease a home and also the right to purchase the home during or before the end of the lease period. An option is a contract that gives an optionee the right to exercise a privilege &ndash; and in the case of real estate investing, it gives the optionee (investor) the right to purchase property during a contracted period of time. It is a technique that involves gaining &#39;control&#39; of a property, without the total burdens of ownership.<br><br>ALL money made in real estate is made by controlling property. Owning property is the most obvious way to control it, but control is possible without ownership &ndash; and control is what makes the money. It was a dying John D. Rockefeller who told all of us his secret to achieving great wealth, &quot;Control everything, own nothing.&quot; All of the most successful real estate developers today utilize options, in one form or another.<br><br>A sandwich lease option involves the investor selling the home to a tenant buyer through &quot;sandwiching&quot; themselves in the middle of the deal.<br><br>When doing any lease option deal, it is one of my mottos that everyone must win or don&#39;t do the deal. There are 3 people involved in a Sandwich Lease Option: the seller, you (the investor) and the tenant/buyer. It must be a win/win/win, otherwise walk away.<br><br>Sandwich lease options are extremely profitable for real estate investors.

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