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Everything posted by MichaelC

  1. Hello enero, and welcome aboard! In a typical sandwich lease deal, the progression of how the closing takes place is pretty much as you described. There may be some variances depending upon the specifics of a deal and local customs. However, your position in the middle of the sandwich usually does not require financing. The tenant/buyer, the end user as it is, is the one who needs to deal with the lenders. You sit there looking handsome and smug, and after the dust settles walk away with a check for $_______ (fill in the blanks). It's an enviable position to be in.
  2. Thank you, munruss. I appreciate it. The site is taking shape nicely, and I owe it all to my nephew and his coworker, who have built it from scratch. I especially like the Real Deals page, too. I'm hoping those success stories will serve as motivation to those who wonder if this stuff really works. Well, those Real Deals are real world proof they do!
  3. MichaelC

    My congrats!

    Hello, Andrew. How are things on your side of the world? Thank you for the kind words. Christmas was great! And the food, oh, the food! The site is a work in progress, so do visit often. There are always improvements on the drawing board, and updates frequently added. Presently, we are in the process of adding more pictures and details of completed deals in the Real Deals section of the site. And, of course, if you have any questions, don't hesitate to post them in the Lease Purchasing forum.
  4. Good morning, Bill. Thank you for stopping by. It's Christmas Eve morning, so I probably shouldn't be here right about now. There's a lasagne to prepare, and I still need to buy that tent for my mother in law. (No, she isn't going camping. She wears it as a house dress ). But, I digress........ I'll be looking forward to speaking with you after the Holidays, and let's see if we can organize my visiting your REI group. I'd love it! As for the work that went into the board. You're correct. It was a lot. Fortunately, it wasn't my hardwork. That's what nephews are for . Remember my motto: Don't work harder, work smarter. Merry Christmas, Bill, and to all.
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