Wholesaling lease Options
Hey Bp folks, I know theres a lot of forums on here about wholesaling leaseoptions, and I've already read every post and comments. I get the overall picture of trying to wholesale a lease option. Im just not understanding a few things like: When the tenant buyer gives you your fee, does that go into a escrow account? or do you just collect it, and your out of the picture? My other question is how does the tenant buyer pay rent to the actual home owner? Would they be paying the owner or the bank directly?
Thank you guys