Posted by Jon Richards on November 18, 2002 at 19:55:48:
Rob
I think lease options can work where you are. Do a “google”. There is a lot of information on the net.
You can get forms on lease optioning from “Professional Publishing” at http://www.profpub.com/
It is risky for you if you are buying. Yes, you can get in for no money down, but you risking losing your option money if you don’t buy. There are many unscrupulous investors, who have taken infomercial courses and can screw you with a lease option. Be careful, do your ‘due diligence’ and be paranoid.
Posted by Rob Locke on November 15, 2002 at 12:23:08:
I am a new investor looking for lease/options. In a market (portland metro) where rents are far lower (for nice houses) than the low end house costs, is it even possible to do lease options. Also, what does work in a market like this for new investors with no money but high ambitions and no fear of doing what it takes to succeed.
Posted by Linda anderson on January 04, 2003 at 13:47:31:
I am a Newbie and attempting to understand the investing strategy. Is there any reason I can’t look at newly built homes to see if a builder will go for a Lease-Option Deal or Deals? I live in New York State.