Howard

Thanks Michael for info and both for your 'forgiveness"!! Howard

Hi, Firstly an apology for my posting in the corner bar where I asked "what does this have to do with lease optioning?" (Didn't realize I was in the "corner bar!!....so sorry!!) Anyway......to business!! Is there any such thing as a company/corporate mortgage? I have a company up and ready to run my lease option investment business but want to know what happens if my tenant/buyers don't want/can't purchase but I decide it's a good deal and want to buy the property myself through my company. Will a lender give a mortgage loan to a corporation/company? Does anyone know? Howard

Very amusing but what does all this have to do with lease option investment?

Try the following forums for advertizing for your t/b's, Road signs ie "RENT TO BUY - CALL (405) 787 6678" Put up 20-30 in your area at stop lights. Also try flyers in grocery stores/laundromats etc Have a good answer phone up and running and let your T/B's leave you a messsage. Call them back and take some preliminary details. If they are good prospects send them a Rental PreQualification Application. Have them send it back with an application fee (to cover admin and credit check costs) Easy as pie!

The only problem with giving to high a rent credit is that this might be used to support a claim of equitable title by thhe tenant/buyer in court. This means that instead of evicting you may need to foreclose. I would steer away from to high a rent credit for just this reason. Perhaps limit it to a maximum of 20%