Download My Option Agreement…
Man, you guys sure love to swipe our stuff!
I mean, based on the gratitude galore we got from sharing one of our favorite motivated seller postcards recently, it seems pretty clear that the old “Swipe and Deploy” is something we should keep rolling with.
So let’s do another one…
Today’s handy-dandy resource is one of the core essentials every investor should have in your tool-belt–the Option to Purchase Agreement, or “option contract” as it's often called.
But I gots to tell ya — just having this form in your bag of tricks isn't enough… You’ve got to understand it's purpose and how to effectively wield it. Which is exactly why I made you this little video about it.
The essentials on option contracts
In this video you'll learn:
⇢ What an option agreement really is (and what it's not)
⇢ Who exactly is obligated (and who is not)
⇢ Common uses and best practices for deploying this in your day to day business
⇢ Why I don't typically recommend “lease options” as a buying strategy
⇢ Stuff like “equitable interest”, “principal interest” and your “bundle of rights”
⇢ What you can and can't do with an option
⇢ How to fill it out, step by step
If you don't care to know all that, then just feel free to download the form and add it to your arsenal (see below). But for those who want to learn the ropes on how to use this thing, this video will help you wrap your mind around what this is and how to best use it.
Press play…
Video Transcription:
Hey, what's up guys? JP Moses here. AwesomeREI.com—real estate investing for awesome people.
Today, I want to share with you a document that is critical in our real estate business. It is the right tool to pull out at the right time when a purchase contract just doesn't quite make sense. It's the option agreement.
You need it in your business, and I'm going to give you mine—the one that we use in our business—with a small disclaimer that you need to run it by an attorney and make sure it's kosher for your area.
Now, why am I doing this?
#1: These documents are important, and I want to share them with you. We like to let you swipe and deploy our stuff. It's part of our culture here at AwesomeREI. So we're gonna let you swipe and deploy this option agreement and your business.
#2: You need to understand how and why to use it and when to use it.
So, what I want to do first is walk you through what an option contract is:
- Why do you need it?
- When do you use it?
- How do you use it?
And then we're gonna walk through the document itself—I'm actually gonna show you how to fill it out. Now if you want to get the document, you're going to need to go to this post on our website, scroll down and leave a comment on the page. After you leave the comment you will get our document—a little give and take.
So you've got to go there and you gotta engage with us. Just leave us a comment. Details are on the page. After you leave a comment, you'll get access to my Option Agreement. You can swipe it, deploy it, and use it in your own real estate investing business to your heart's content.
Okay, let's jump in and take a look at my Option Agreement or The Real Estate Auction Contract.
Before I run through the document and it's very simple agreement, I'll show you exactly how to fill it out and tell you what I think are the best practices for doing so.
First, I'm going to run through what an option is. I don't want to assume anything. I know some of us are already interactively using options and maybe this is just going to be another form in your arsenal…
Others are coming right into this thinking, ‘I don't even know what the difference is between an option and a contract. What the heck is this so that I know how to use it?!’ So I'm going to cover that so you're armed and equipped to be able to swipe and deploy this little goody.
But first I gotta give you the standard disclaimer—it's always true, and I always try to remember to say it:
I am not an attorney. Even more importantly than that, I'm not your attorney.
Please consult your own legal counsel before you apply this. Just consider it for entertainment purposes until you consult your own attorney. Do your own due diligence. This is your business. Treat it like a business. What I'm going to describe may or may not work exactly the same way for you. Do what you need to do and get your docs checked out.
Okay, so the Real Estate Option Contract defined…
A real estate option agreement is a written contract between two parties—
the optionor, which is the seller of the property, and the optionee, which is typically the buyer or the potential buyer—in which one party buys the right to have the first chance of purchasing a piece of property at a specific price at some point in the future.
Now there's a reason that the right is in italics. I'm emphasizing you are not buying the property, necessarily. You're buying the right to buy the property. Therefore, it is your option. Get it?
So point #1: It’s the buyer's option not obligation to buy.
The seller, however, in a standard option contract like the one you're about to see, does have an obligation to reserve the property for you. And that is something called a Unilateral Agreement.
For those of you who've been through any kind of Realtor training or contract law class, you've heard of a Bilateral Agreement and a Unilateral Agreement. Bilateral means it is obligating to both parties the optionor the optionee in this case, or the buyer and the seller.
Side Note: If you ever get confused, just remember that the optionor is the give-or of the option, and the optionee is the receivee, the person receiving the option.
Okay, an option agreement typically is a Unilateral Agreement, meaning only one person, only the optionor—the giver of the option—is obligated to reserve that property under the terms of that option agreement for you.
For X amount of time, you don't have to buy—you have the option to buy during the term of the option agreement. Also, standard contract law applies even though this is not a purchase agreement or a purchase contract, it is still a contract.
So any of the standard stuff in a contract like a contract expiration date, for example. In Tennessee, a contract has to have an expiration date in order for it to be valid. If it doesn't, then it's not a valid contract. Legal consideration has to be exchanged for a contract to be viable. So keep that in mind—standard contract law applies to the option contract.
Also the option can be extended, it can be assigned, and it can be amended unless expressly prohibited.
Okay, if you're wholesaling, a lot of people will write their name as the buyer and then write “and/or assigns” afterward, which a lot of folks seem to think is what gives them the right to possibly assign that contract over to somebody else…
I'm not going to get into what assigning is if you don't know, but really by default, any contract is already assignable. It's extendable, it's amendable by default unless it expressly prohibits it. So keep that in mind
And as I said already: consult your attorney with whatever contracts you decide to incorporate into your real estate investing endeavors.
And, I would suggest you take a contract law class. I did that when I became licensed. And I've been through seasons. I'm not currently licensed. I was licensed for a number of years and there's pros and cons. That's a whole different conversation in and of itself…
But I remember when I first got licensed back in 2004, and one of the classes I took was a contract law class taught by a real estate attorney at the local Board of Realtors. It was two and a half hours, one long afternoon, and I learned a lot about what a legal and binding agreement makes. I recommend it. It's not exciting, but it's a good investment of a couple of hours and you don't have to be.
A lot of people don't know this, but you don't have to actually be a Realtor in order to take classes at your local Board of Realtors. You can just pay a fee. Usually it's a little higher fee than the members of the board, but you can just pay a fee and attend one of those classes. So look into that. That's my recommendation.
Common uses of an Option Agreement. Well, getting equitable interest with little or no risk. Now, an equitable interest is legal interest in a property, and it's something that you need in order to be able to market a property for sale before you actually buy it. I know this may sound a little technical. But this is important.
When I went to the Realtor school, this is the way it was explained to me: Property ownership is not one thing.
It's best to not think of property ownership as just one big right that you have. Instead, you should think of property ownership as a bundle of rights, kind of a bundle of sticks…
Imagine that you're holding a bundle of sticks under your arm. Maybe there's two dozen sticks under your arm. And each stick is a different aspect of property ownership. One stick might be mineral rights, one stick might be rights of easements—there's different aspects to property ownership and, cumulatively, the bundle of sticks—the bundle of aspects of ownership form this thing that we call property ownership.
Now I'm talking specifically to wholesalers here, you know the deal: You want to put a property under contract of some sort and you want to flip that thing before you even close on it.
You can't legally do that unless you have one of those sticks from that owner’s bundle. And the way you get one of those sticks in your possession is to get a contract or an option on the property, secure that, and then you now have equitable interest.
So it gives you the ability to get that equitable interest with really little or no risk to yourself. It's less risk than if you had a Purchase Agreement in place and you can market it for resale. As I said, you are a principal in the transaction. That's why you have that right. So it is a lower risk than a Purchase and Sale Agreement.
A lot of times, you'll hear the option used in conjunction with a lease called a lease option. And typically, a best practice for a lease option is: You have a lease and separately have an Option Agreement. I think it's a great way to sell property in a lot of cases.
It's kind of a rent-to-own type scenario where you can rent a property to somebody, give them a two-year option, and then maybe give them some rent credits that count toward their down payment.
And “owner financing substitute” or “owner financing light” is maybe one way to think about it. It's not a method that I particularly recommend for buying, because I think you don't have enough control in the transaction, unless it's a very short-term lease option. (I wouldn't recommend a long-term lease options for investors, but that's just me.) And I do think it is a solid exit strategy—lease options, specifically.
One great approach to using an option is:
- Find a good deal
- Tie it up with an option (and I mean tied up ethically). Get your equitable interest in return for having an option agreement in place, but always be honest when you put an option on a property—don't make the owner believe that you're going to be closing with certainty, that you’re going to be buying this property. Just be honest and say:
“You know, I'm not sure if this is going to be a deal or not. I have a network of investors I work with, and I’ve got to talk to a number of them and see if any of them are interested in partnering with me on this. So give me an Option Agreement so that'll give me time and the equitable interest that I need to be able to shop this around to my partners and see who's interested.”
I think that's a real honest, ethical way to go about it.
Side Tip: If your seller is nervous about letting you tie up the property with an Option Agreement, one of the things that you can do to skirt around that is to incorporate a secondary offer cancellation with a right of first refusal clause. Basically, that's a clause that in so many words is going to say:
“Mr. Optionor/seller property owner guy, let's do it this way. Give me the Option Agreement so that I have the equitable interest I need, but if somebody brings you another offer and it's better than my offer, then I will give you the option to cancel the Option Agreement. I'll give you the choice to cancel our Option Agreement as long as I get a right of first refusal to match that person's price.
So if I got an option for $100,000 on your property and somebody comes along and offers $101,000, you can't just take their offer. You have to come to me and say, ‘Hey, I haven't been marketing the property, but somebody brought me an offer for $101,000,’ and then I have to either match that and close or we can just part ways. Match their new offer or release them.”
It really can be a great way to help mitigate the seller's risk in those situations. This gives the seller the peace of mind that they need, and it gives you the equitable interest that you need to be able to go out and make a killer deal.
So having said that, let's jump in and I'm just going to blast through this agreement. It's very short and concise. It's not going to take long to go through.
So here we are with our Option to Purchase Agreement. Now I should say this is a standard option. It's a simple plain English option. This Option Agreement is made between the following parties, and of course, you're going to fill in the giver of the option. You're going to fill in their full name and after that, they’ll be ‘referred to as the optionor of the property. And under that is the optionee, that's the receiver of the option.
Next it reads: The following items are applicable to this agreement:
- The optionor agrees to grant an option to purchase to the optionee, the land and improvements known as XXX, which is where you put the full street address with city, state and ZIP.
- Optionor agrees that he/she will not attempt to enter into any other negotiations or returns for the sale of this property with any other party while this agreements in effect. If optionor receives any other independent offers on this property option, you will be notified immediately. (This is not quite the clause I was telling you about that gives the right of first refusal, but it’s close. It lets them know that you don't want them to going out marketing the property, but if somebody brings an offer, you’ve got to be notified immediately.)
And a lot of times, I can just verbally tell them that at that point I'll either match their offer or release them. And then sometimes, I'll actually put that part in writing if I feel like I need to.
- Upon agreement, the option would begin on the date of XXX and end on the date of XXX.
Meaning, you might sign this agreement today, but the option might not take effect until tomorrow for whatever reason. Basically, you need to have a definite starting and ending date for your option period… a couple of years, couple months, whatever seems to make sense on your transaction. So that's going to be your beginning date and the end date of your option.
- Purchase price will be XXX, and payable by certified funds at settlement.
Now let me say this—even though you're putting some of the details that you would put in a contract into this option, if you decide to come back and exercise your option to purchase, then you actually still have to put a Purchase Agreement in place.
So this is like a holding document in a sense. It's not a replacement for a Purchase and Sale Agreement later on. And it basically says, if you do go to contract, XXX is the amount of the property ($100,000 or whatever that you decide) to secure the option.
- Optionor grants optionee access to the above property for showing to prospective buyers,
contractors or appraisers.
Of course that's important! If you put an option on a piece of property, you’ve got to have access to the property.
- Optionor must maintain proper insurance on the before mentioned property.
Clearly it's important that they keep their insurance in place. I don't want them to think that I'm insuring it. They still own the property, so they should keep it insured.
- If the optionee purchases the property, the optionor will pay all closing costs.
Now this is obviously slanted in my favor, and usually what I'll do is I'll strike through that as an act of goodwill and say, “You know what? Let's just say that we'll split the closing costs or I'll pay the closing costs.”
It makes me look good to scratch through that one and say “optionee will pay all closing costs” or scratch through this word and write “optioned” and just let them know I'm willing to do that.
- Optionor grants this option for the consideration of $10 and other valuable consideration.
This is just basically a formality. This is the consideration that you're going to be putting down now depending on the deal and what you're negotiating and how savvy your seller is. You may have to put a thousand dollars option consideration down. This is what you risk.
Whatever you put down is what you have at risk. It's not an earnest money deposit, meaning, if you don't exercise your option, you don't get this back. This is a fee that you are paying for the privilege of holding an option on this property for xX amount of time.
Now $10 typically works with mom-and-pop sellers when you say, “I don't know if I have a deal here or not. I need to talk to people about whether or not they're going to be able to partner with me on this. Give me an option so I have the ability to go do that.”
Then I say, “$10 is a formality,” and I hand them a $10 bill. If you're dealing with some guy who owns a crap-ton of land like a few acres at the bottom of a planned interstate exit, then you're gonna have to put some down for a more serious option consideration.
It's not a deal killer, you’ve just got to see if it makes sense for the deal.
Fun Fact: I learned that there's other things besides money that can be legal consideration for an agreement like this. In fact, in Tennessee, love and affection can be considered legal consideration. I'm not sure how you document that, but it is legal.
The last thing you're gonna want to do, of course, is have the optionor or the owner, and you, sign and date the contract. And typically, rather than just having their names in cursive, I'll write out in manuscript underneath the cell phone numbers for each person.
And really that's it. What I love about this agreement is it's simple, it's plain English, it's all in one page. It's very unintimidating and not filled with legalease. So I like it for that reason too.
Now there's other option agreements out there. There's one you can get from your Board of Realtors that's probably 10 pages long and full of all kinds of bloat. So you could just use that standard Option Agreement and just scratch out what you don't like and add in what you do like and make it what you want it to be.
But ours is a simple one that you can use. And I hope this has been helpful to you.
If you have any questions at all, anything, please leave a comment. I love answering these questions, so leave us a comment with any questions or comments or remarks.
If you've had experience using an option and you have any comments that you want to throw in on your experiences, please do that as well. Thanks guys, JP out.
How to download my Option Agreement
First off, I’d like to ask a small favor:
Would you please “Like” our Facebook page if you haven’t done so already?
We actually posted the video above on our Awesome REI Facebook page, so if that’s how you got here, and you already “Liked” us there – well thanks for being awesome!
Otherwise, before swiping my Option Contract for your own arsenal, I’d be thankful as a monkey with a peanut machine if you’d kindly hit the “Like” button on our little Facebook widget thingy. Doing this will most definitely make you awesomer and probably better looking too.
Next, do this…
Ok, so how do you get your little paws on my Option Agreement? Easy peasy. Just leave a comment below sharing ONE THING you'd like us to give you in a future “Swipe & Deploy” post, and then Chuck Norris will hand it to you.
Nope, not kidding.
We all love to score a good tool or resource like this, right? Be it a form, contract, marketing piece, script or “what-have-you”… Something that’s already been time-tested and proven to work.
So here’s how this goes:
Step 1. Engage with us by sharing (in the comments below) at least ONE THING you’d personally really love to see us give away in the future as a “Swipe and Deploy” like this. We’ll take every single suggestion into consideration.
Step 2. Once your comment’s posted – viola! Chuck Norris congratulates you with a free download of my Option Contract.
So what are you waiting for?
Let’s do this. Leave your comment below. And don’t forget to be awesome.
I’d like to see something like a script that I can use to speak with potential subject-to homeowners
Things like this are what really help others in this business!
Thanks , i love your explanation of the Option Agreement. it is clear now! thanks again
awesome
Awesome
Thanks for everything!!
I’d like to see tidbits on how to get consistent seller leads.
Nothing better than a friendly guide!
Awesome!!!
Very well explained, makes it a lot more simple to explain. I know everyone has burned through the PSA and how to fill one out but, if you could do it anyways that would be very helpful. Also, some information on buyer vs seller financing would be very helpful if this is something you have comfortable with going more into detail.
Graet Option Form
AWESOME
Thanks a Bunch! I’d like to see more on How To Raise Private Money! Looking forward to the Option Agreement!
Hi Terry, here is a link to another post about private money: https://awesomerei.com/private-lenders-leading-objection-solved/
Thank you for this document. You are blessed for sharing this.
How about A script for an inherited house
Where is the best place to advertise for buyers? That would be a great give away
Hey Joe, that is a part of the 10 Hour Wholesaler program. You can check it out on the Products page.
Great material!
onward and upward!
Can you please explain a VA business structure strategy?
thanks for sharing
Thank you for your insight and expertise.
Awesome can’t wait to use this
Great content and tools as usual.
Continuing education no matter the field of study is exciting. Keep it coming guys.
So this is cool, and definitely helps. Is double closing really BETTER in terms of profit potential on wholesale or is assignment better because of the sheer volume tha could be?
Hi Dakoda—your question is really a deal-by-deal type thing. For some deals, the fast assignment is the way to go…for others (for various reasons) the double close wins in terms of more profitable potentially. I don’t have a solid rule of thumb every time…I use my own common sense based on the specific details of the deal itself, then roll the dice a little. Make sense? Just remember to consider the cost of your TIME when looking at various ROI scenarios.
great info. thanks.
Nice of you to share info..
Nice Stuff
Great information. Precise and clear. Thank you very much
Absolute powerful clarification, thanks dude
Great site! This helps alot!
JP you are the best
A strategy explained clearly !!! Awesome !!!
Thank you for sharing JP! Things like this are what really help others in this business!
Thank you for these awesome resources. I look forward to sharing my success story!
Awesome document to have in my arsenal. Thank you J.P.
Digging the information!
Great Info, thanks for the agreement!
thanks for the info guys you are great
This is cool…I will definitely to this into considerations.
How can I find Cash Buyers? Thanks for the great website, bookmarked it to return often.
Here is a link to another post on the blog about building your cash buyer list: https://awesomerei.com/33-ways-to-build-a-ridiculous-cash-buyers-list/
Love learning from y’all!
Great info. Thank you.
Hello,
I would like to see cash buyer scripts and lead sources nationwide…
Thank You
Hey Chris, check out the post on the blog about 1 Minute Leads!
As you already mention “Another great tool for my Arsenal”
Thank you
thank you for this document. you all always help us investors excel by giving us the best info.
thanks so much!!
You got it, Shel! 🙂
Thanks for the awesome video and for actually giving away your Option Agreement! So great to have options!
@Adrienne—you’re very welcome! 🙂
Oh! And a reliable resource for determining the ARV of a property would be AMAZING.
@Jasmine—excellent suggestions, thanks!
Info on the best and most cost efficient ways to drive traffic to our lead capture website for motivated buyers would be great!
I’m really excited to be doing this real estate investing. Just getting started and can use all the help I can get. Have 5 1/2 acre fish farm project here in Maui, Hawaii that needs funding for completion so I would really appreciate any tools that would make it quicker and easier to come into profit soon. Your program and what you have to offer is awesome!
If its FREE, Ill take THREE!
Thank-you for the Option Agreement. I am going to try it.
Well done.
I’d like to see something like a script or a Q&A that I can use to speak with potential subject-to homeowners
@Djony—Interesting suggestion…I’ve not thought of that before. Thanks!
Good stuff!
I’d like to hear about your best deals this month
The video about option agreements is exactly what I wanted to find out about. The video explained everything clearly.
Thank You,
Awesome, Bridgette—very welcome 🙂
I really love the video. Thank you so much for the information. I found a very interesting knowledge about the option agreement. thanks again. I have a question is how do I find motivated sellers?
Right, I am in south Florida and I am thinking to send email to my community. but I would like to know how to reach them more efficiently. Could you share some ideas? Thanks!
Hi Diana, finding motivated sellers is a big, broad question with many possible answers…much of which depends on your circumstances, your budget, your time, etc. Things like: local bandit signs, Craigslist ads, sending letters or postcards to probates, absentee owners, etc. Targeting abandoned houses, etc. Maybe a good start for you could be perusing blog posts in our “Deals Getting” category: https://awesomerei.com/category/real-estate-investing/deal-getting/
I would like a standard purchase agreement to swipe and deploy.
AWESOME! at least ONE THING I’d personally really love to see you give away in the future as a “Swipe and Deploy” is the phone number for a private lender who doesn’t charge an arm, a leg, a first born child, child support (insult added to injury there) , a first mortgage on my neighbor’s paid-for house and a consulting fee and a processing fee, and a buy down fee and an internet fee , etc.
@Jeff—yeah, some private lenders can be pricey, while others more reasonable…finding the latter is definitely a worthwhile endeavor that’ll boost your per-deal margin. Personally, I find lines of credit can be MUCH cheaper money, if that’s a viable option for you. Those can typically be found easier with local/regional banks or credit unions than the big national ones in my experience. Also, have you ever tried using our PMOD approach to finding those “under the radar” private lenders that might be hiding in plain site in your local market? It’s pretty solid: https://awesomerei.com/privatemoneyondemand
Great product.
This is awesome. Would like to know more about using self directed IRAs as a strategy with potential investors
Thanks, David!
Great video JP.
How about a “fast-start program” for finding private lenders for those of us who have some experience in real estate?? THANK YOU!! Craig
@Craig—ask, you shall receive: https://awesomerei.com/privatemoneyondemand (seriously)
Awesime!
Thanks for the Option Agreement, That is definitely going to be needed when I actually find a property to put under contract. Despite the fact that there are many avenues to find Abandon Properties, I need a method that doesn’t require driving neighborhoods or paying fees for online search sites, I could use a legitimate internet source that is free to access, along with the exact criteria of what to look for that points me to abandon properties. Thank you
@John—so you want a way to zero right in on abandoned properties that, (i) doesn’t involve driving in actual neighborhoods to find them, and (ii) is 100% online, and (iii) is also totally free. Unfortunately I’m not aware of that nor unicorns currently. But if you discover either of them, please let me know! 🙂
Seriously, thanks for the feedback…I’ve got solid ways to find abandoned houses. Just not that’s free or keeps me from having to leave home base.
Excellent Contract!
How about providing some Outsourcing Resources!
@Reese—here’s some solid resources for this you might want to look into:
https://www.myoutdesk.com
http://investorvaservices.com
https://va4rei.com
https://www.virtualassistantassistant.com/va4rei
Thanks for the info and download!!!
What a great website and thank you for sharing all of the great information that you share! I would like to see more information on doing “quick value analysis” on single family houses and small multifamily units. This information would be very helpful as I believe that everything is in the numbers……
Right now I am using a Purchase Agreement form although Massachusetts use a 501 form purchase contract and purchase agreement form . I like what I see in this form would be greatful to review this form . Some realty groups are making hard to do business especiallly agents who have been in business over 5 years.
Can you use the same form to buy a multi family unit?
I imagine it might be good to tweak a little for a multi-family vs. single…might be worth running by a local multifamily pro, Veronica.
What an awesome product. Thank you
I really appreciate the authenticity and light hearted nature of your emails. Fun and happiness is good business. Keep sharing the love!!
Thanks for the video. You’re information was really helpful!
A checklist for evaluating properties would be awesome
Hi Bob, please email support about this, I may have something that will help. [email protected]
Thank You very helpful
A checklist of homes NOT to buy.
Ha, nice Ed!
– don’t buy full priced homes
– don’t buy any houses JP’s already interested in
– don’t buy any houses on a handshake
That a decent start for ya? 😉
So simple even a child can do it….so mine are!!
The whole family is on board!!
THAT’S AWESOME!!
Great idea! Possibly make available something on how to find tons of available vacant properties…
Hi Vern, email support about this and I can send you some info. [email protected]
Thanks for giving back. A list of the different types offers you make, when to make them (or multiple offers) would be great.
Hey I like the group and would love to know more about what you are doing
Thanks JP, it’s about time someone explained the Option Agreement in a clear, straight and Intelligent manner. Best Regards, Jerry P.
This is a great idea! I can definitely use this in my shopping a deal around. Now what I’d like to see is a Seller Finance agreement and how that would work for various scenarios.
Thank you so much!
Solid idea, Charles! I know a few seller finance thought leaders…I’ll see if I can get one of them in the hotseat sometime soon!
Appreciate this option contract and the video, I’ve been looking for a resource that tells you when to use a straight option versus a lease option.
hi i am , what you would consider a newby to this industry…..but i can not wait to get started……Thanks….Migv….
Thank you for this, it is very informative!
great info, thanks much
I am a newby in this industry , but cant wait to get started….
Yes! It is a great strategy.
It is a great strategy. Hopefully I will be able to use it.
Thanks
Moses
Thanks
Appears to be a nice, simple, straightforward option agreement. Thanks. Question: How do you protect your option. The potential seller signs it. How does the investor protect the option?
I would like more on Owner and seller financing
This is a new supplement to the necessary tool box investors need in order to avoid being a “one horse” jockey in the world of investing.
Many thanks for all you do.
Like all the information that you give out and plus the free video that u give out
thanks for the time.
It’s good to learn from this. Thanks.
Awesome product
It just doesn’t get any better than this free option contract free video on how to use it. I guess that’s why you called your company awesome
Always glad to get more information/strategies/tools to use in my real estate business.
How do you feel about taking a property subject to the existing mortgage? Thank you for the info!
@Kimberly—personally I’m not a huge fan, but then again I have a number of friends who crush it in the Sub2 arena. I’m not saying it’s not viable…just hasn’t had a huge draw for me though.
Wow. What an awesome product. Thank you