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Updated about 9 years ago on . Most recent reply

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Scott Mccomb
  • Minneapolis, MN
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Lease options

Scott Mccomb
  • Minneapolis, MN
Posted

Hi I'm a newbie and had takenWendy pattons lease option course a few years back.

I finally have the time to start doing something. Was wondering if any one would be willing to split the deal if I found something as long as I could pick your brain. I don't need any gurus or more paid coaching. Just need an experienced investor to partner on a couple of deals. No hacks please.

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Brian Gibbons
  • Investor
  • Sherman Oaks, CA
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Brian Gibbons
  • Investor
  • Sherman Oaks, CA
Replied

Thanks @Justin Howe

Scott 

If you are in MN, I would first:

1. get a lawyer for terms deals which includes contract for deed, lease with option, lease purchase, sandwich lease options, sub2 (subject to existing financing), etc.

2. Study the property code in MN

https://www.revisor.mn.gov/statutes/?view=part&hea...

That is a good start.

@Scott Mccomb

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