Iam new on forum and have question about getting lease/options to inturn rent to renters and making money and recievingdown pyment from renters. This rechnique was used by Greg M. Success Story#3, pg. 70 in Deans " Profit From Real Estate Right Now " book.
How do you draw up Lease/Option contract with your renter and word it so that you dont have a credibility problem with renter, since you dont own property and you also have a Lease/Option agreement???
Also, how do you word it so that it is clear you are a principal, legally allowed to do such a contract with a sub-renter ( since you have the main Lease/Option agreement. )???
Do you mention principal owner of property and do you mention you have Lease/Option agreement with owner????
Iam new on forum and have question about getting lease/options to inturn rent to renters and making money and recievingdown pyment from renters. This rechnique was used by Greg M. Success Story#3, pg. 70 in Deans " Profit From Real Estate Right Now " book.
How do you draw up Lease/Option contract with your renter and word it so that you dont have a credibility problem with renter, since you dont own property and you also have a Lease/Option agreement???
Also, how do you word it so that it is clear you are a principal, legally allowed to do such a contract with a sub-renter ( since you have the main Lease/Option agreement. )???
Do you mention principal owner of property and do you mention you have Lease/Option agreement with owner????