Tmartinloan 0 Report post Posted March 18, 2009 In regards to samwich lease optiion. WHen using FHA financing if your not on title, has anyone had any problem getting paid on the spreads? Because normally they will try to knock down the appriasal if they feel your making to much money? Also, FHA requires 3 months before you can sell to the T/B. And if you sell the home within 12 months you must justify the difference between what you paid or your option and what your selling for. Does anyone have any input on this topic? thank you, Share this post Link to post Share on other sites
MichaelC 160 Report post Posted March 18, 2009 Used to be that was never an issue but things have changed. Seasoning can rear its ugly head and make life difficult. For starters, use an investor friendly title company who understands what you are doing and doesn't see you as the bad guy because you're making a buck. You can try a different mortgage broker who can shop the loan to an investor friendly lender.Also, take a look at the pinned threads in the Lease Purchasing Forum. There are two threads that relate to this which you will find helpful. Share this post Link to post Share on other sites