Hey everyone,
1. I currently have a seller that i am working with to do a CA. He is concerned that if the tenant buyer moves out before the lease is over that he will be stuck with a mortgage payment while he gets someone else in the property. I told him that i keep the entire down payment. what do you recommend that i say to him. Should I split the down payment with him and say "normally i do not do this, BUT if you show the property for me I will split the down payment." Is there anything else I can do? He just wants security if something happens.

2. how do you deal with someone about showing the property? How you do you sell this to them? most people feel that i talk want me to show the property for them. But i have a big problem, i am starting to get used to sitting by the pool all day with my computer "working". I want to do them without even going the property.

3. When it comes the contracts, right now I am just filling them out on Word and sending them to the seller with the terms on it. Once I find a tenant buyer, should reprint the contracts and have them signed as originals when i meet up with everyone?

Thanks for all the help. I have 2 CA's im working on right now. Several in the pipeline, Last week I just made 5k on my own home. I love the lease purchase life! Thanks so much for all the help!

Do not readily volunteer to give away your money. That's a last resort and you do so grudgingly. The truth is there is a possiblity that the t/b might move out early. You can't, nor can anyone, guarantee that won't happen. Remind the homeowner about the positive advantages of a t/b versus a tenant, and why this deal is his best chance at moving on with his life. If that doesn't do it for him, he's just not ready to do business. On the other hand, don't be surprised if he calls you back in two months, ready to go.

What's in it for them to do your work? If the property is local and you're receiving the full option money, I'm not surprised you're being asked to do the work. If the property isn't nearby, you may have to offer them a share of the option money to do the showings. Most homeowners are happy to cooperate. After all, they want the deal done ASAP.

The t/b only needs to sign the Assignment Agreement. The agreements between you and the homeowner remain intact. Remember, you are a principal in the deal and the paperwork needs to reflect that.