Posted by Ed Garcia on January 28, 2001 at 22:32:00:
Before you get froggy and jump into this deal.
I would like to suggest for you to go over to Bill Bronchicks web site http://legalwiz.com/, from there go to his Article section where you will find 2 articles from Bill titled, "Can Foreclosure Investing be “Criminal”? and Structuring Sale-Leaseback Transactions.
My advice would be for you to get in touch with a local Real-estate attorney to handle this deal.