What FICO score do you look for and what % option fee do you typically seek? Can anyone recommend a good program that teaches lease option - how is Ron LeGrande's?
Thanks a bunch!
I"ve got Charlie & Randy France/Bob meister's EZ Lease To Own which seems quite thorough and am gearing up to do these deals. They do not worry about FICO scores. They jokingly say if they can fog a mirror and come up with some cash they will sign them up. Many lease to own people have poor credit, thats why they can not buy thru a bank. They do not accept people who have skipped payments as renters. They like 3 to 5% of the option price of the house, but they are flexable depending on how quick they can fill the house, cash flow/month, and the quality of the tenant. Ez Lease To Own
Good Luck
Kelly
I"ve got Charlie & Randy France/Bob meister's EZ Lease To Own which seems quite thorough and am gearing up to do these deals. They do not worry about FICO scores. They jokingly say if they can fog a mirror and come up with some cash they will sign them up. Many lease to own people have poor credit, thats why they can not buy thru a bank. They do not accept people who have skipped payments as renters. They like 3 to 5% of the option price of the house, but they are flexable depending on how quick they can fill the house, cash flow/month, and the quality of the tenant. Ez Lease To Own
Good Luck
Kelly