One example of a wholesale I did this year was a home I picked up for $52k 5 bed 1.5 bath, Well I was waiting to close it I called around to a few investors, I ended up selling it the day I closed without lifting a finger for $64k on a 6 month lease option with a $2000 extension fee.

Next to that I put the date their lease expires, now the date their loan is due.When checks arrive I put a check mark in the appropriate column, if it's late I write in the date received.

Wholesaling, subject to's, lease optioning, and seller financing are a couple I can think of off the top of my head that have some strong possibilities.

Should I have the tenents re-sign a lease?

Unless your market is highly appreciating and/or you have a low equity exit strategy (i.e. lease option, owner carry, or long term rental), buying a property for even 80% of After Repaired Value (ARV) is risky.

I have some friends that do Subject To and aslo lease purchase and I would also like to contact investors in my area, for ideas.

The major problem being that most of them (about 85%) don't even have enough equity for me to mess with.Thinking about it, though, with a low equity strategy like lease optioning the MLS could have some strong potential.

[/size]Do a lease-purchase with them and write it up as two different contracts. 1) the Lease-Purchase, and 2) a residential Lease.

I have a prospective buyer interested in a Lease-Option on my property but we're having a hard time coming to terms due to differing goals.

You might look into an assignment contract, a lease contract, an option to purchase contract (as with lease options), an authorization to release mortgage information form, and maybe some "subject to" forms.