Lease Option or seller financing as a first deal in Baltimore, MD

[Angela DeBorja]

Hello everyone. Does anyone have any thoughts on doing an assignment lease option, sandwich lease option, or seller financing as a first deal in Baltimore? I'm still a newbie, and I recently learned about these strategies and I like that they possibly can require less money out of pocket as opposed to a flip, and that there a several sources of income (new buyer's down payment, some monthly cash flow, then the end profit once the buyer hopefully qualifies for a bank loan). I am trying to learn about other ways to make offers on deals to improve my chances of getting one accepted. Any insight would be greatly appreciated. Our initial goal for our first deal was to do a rehab, but now we are thinking again. We have great credit, but not sure if we are willing to go in on a 1st rehab job while we work full time jobs. 

[Steve Vaughan]

Careful carrying financing for owner-occ's these days @Angela DeBorja.

Glad you are creatively thinking outside the box.

Lock down a creative purchase/ LO first.  One thing at a time.

An awesome resource in Baltimore is @Ned Carey.  Maybe he'll have a sec to chime in.

Would've also invited Brian, but Christina beat me to it :)