Read tons of books. Been to seminars. Had some bad luck with employment. Newly married and baby on the way. Time to get this dream off the ground and put some $$ in my pocket.
I've got a motivated seller who's moving out of state and lives in an upper income neighborhood. Found his house through forsalebyowner.com. We've emailed and he's very interested in my idea to take over his payments until the house sells. However, he wants to know how I'm going to do it. We have a face to face scheduled for sunday 6/13.
Is it better to sandwich lease or attempt "subject to?" Does it matter as long as I get it under contract. What verbage should be used when he asks how I'm going to accomplish making his mortgage payments while he's gone so he doesn't have to worry about it? How can I get it under contract FIRST WITHOUT putting my own money down. Need some advice on lease/option contracts. Does anyone have one thats complete that I may be able to look at to get a good idea of how its filled out??
PLEASE give me a little HELP on this so I don't look like a rookie(I am)!! I wanna come off as professional and knowledgable so he feels better letting me get his home under contract.