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Updated over 8 years ago on . Most recent reply

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105
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Pedro Oliva
  • Investor
  • Chicago, Il
9
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105
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Ron Legrands ACTS

Pedro Oliva
  • Investor
  • Chicago, Il
Posted

Ive been recommended Ron Legrands ACTS course and just had some questions on it. How different is it from a subject to or lease option deals? I can seem to find where to purchase the course, on his website hee has many other courses but nothing listed for the ACTS course. I seen he has a 5 hr webinar training, but not sure if this was the only method this training is done?  can someone point me to where I can find it.

Most Popular Reply

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62
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21
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Scott Wagoner
  • Investor
  • Lake Mary, FL
21
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62
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Scott Wagoner
  • Investor
  • Lake Mary, FL
Replied

A subject to deal is one where the seller gives you the deed to the property but you are NOT getting a new loan on it...Hence You are buying the property "Subject To" the existing mortgage.

A Lease Option, you are basically giving them a short (usually 1-3 years) rental term and then they have the OPTION to buy at the end of the term.

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