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How To Lend Down Payment...By Mark Walters
By Mark Walters
Jun 19, 2005, 12:45
Here's another ad to consider when selling a house
using a Lease with Option to Purchase.
"Rent to own. No qualify! No closing costs!
We lend you the down payment!"
You have the tenant write you a note (IOU) for
the down payment. The term is the same as
the lease.
The tenant makes this payment on
top of the rent they pay.
If they elect not to exercise the option they
are still responsible to pay off the note for
the non-refundable down payment.
______________________________________
Whenever you are making payment to a
seller be it using a Land Contract or a
Lease with Option to purchase, send a
note each month along with the monthly
payment saying...
"If I pay you off early, how much of
a discount would you give me?"
This can save you thousands of dollars!
In the same scenario as above you could
ask the seller if he would discount your
payment 10%-20% if you paid 6
months in advance.
...................
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for stunning profits?
Big opportunity...and much less competition
then found in buying homes.
We offer a nifty course written by land specialist
Mark Walters. You should have this...
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