lease options

another quuestion i have is if there renting to own then part of that payment they get credit for so how do you pay the owner and have a positive cash flow

Hi are you doing rich,
I have a few questions for you what strategy are you going to use a sandwich lease option or wholesale lease option on the first strategy. It is a plenty of equity in the house, then you are control of it, but you have more risk. For example, if the seller L/O it to you for all $100,000.00 with a rent of $500 a month for five years and you release it to your tenant buyer will $120,000at a rent of $800 a month for two years and you agree to give back the tenant buyer. $100 per month to go towards closing costs and only if he pays his rent on time and closes on the propertya great incentive to have them pay on time out of $800 you receive you paid a seller $500 and you pocket $300 is important to have at least five years from the seller in only give two years to the new tenant buyer if he doesn't work out, you still has three years to make the deal work and get somebody else in there oh year usually get the receiving option fee from the tenant buyer may have to split this with the seller, but this little negotiable.
On the second strategy wholesale lease options. Basically, there is no equity in the property you basically stay in the middle with no risk at all sign a lease option contract with the seller for a fixed price and you find a tenant buyer and assigned to simply option fee mines is 3 to 5% and your ad in the picture. This is the strategy. I use most. And 83 stay involved right to the end. I don't have to, but I believe the object of this is making sure that the deal goes through at the end, the seller gets a seller's house and the tenant buyer buys a house. I've also found to my mortgage broker that is very important that all rent and rent credits. I paid by check, you need a paper trail good the bank can use this as seasoning.
I hope this helps you have any other questions don't hesitate to PM me

Reuben

SO I GOT $ 100.000 HOUSE THE PRICE TO MY RENT TO OWNER IS $120.000 $10.000 DOWN TO ME +$10.000 IN 2 YEARS -$1200 FOR MONTHLY PAYMENTS FROM RENTER IS THAT RIGHT?

I MENT FOR MY RENTERS

If you document the payments correctly, the payment history will be seen by the lender they apply for a loan with when they exercise their option.

the rent to tenants can have their timely payments help their credit score if you report to the credit bureau on a monthly basis. Most landlords cannot do that because they are not big enough and/or they don't want to get involved with another monthly procedure. Otherwise, you can show the lender a payment record when they apply for the loan.

You second questions is a little more tricky. When you offer a credit for rent being paid monthly, that amount simply comes off of the purchase price of the home down the road. It is a "memo" number only. Banks will not let the buyer include this rent credit as part of their downpayment UNLESS it can be proved that they were paying above market rent during that period of time. Therefore, as you can see, the credit doesn't really interfere with the monthly cash flow of the property.

Hope this helps.

SO IT JUST COMES OFF THE PRICE OF THE HOUSE WHENLOAN IS DO THANK TRUSTPOINT