Posted by Mark on February 27, 2001 at 17:33:02:
Tom - they only way that a lender can find out about a lease option is if there is a change in the property insurance holder (premium payer) or the beneficiary. An attorney prepared the papers and warned me of this contingincy but it was not illegal.
real estate - Posted by Mark
Posted by Mark on February 26, 2001 at 21:25:16:
I bought property no money down before I ever even heard of Mr. Sheets, I leased optioned the property for profit and beat the acceleration clause. I built on the property and gained a nice home, and title to over 20 acres free and clear. I started with no job or credit…any one who says I cannot be done is mistaken. I did it, and improved my net worth as well. Sheets course is more education than you will ever get for 200 bucks taking courses at college. It is important to remember that Sheets points the way, but he will not drive you there, you must do that yourself.
Re: real estate - Posted by Tom
Posted by Tom on February 27, 2001 at 24:21:10:
Hi Mark, great story but for a newbies info, how did you beat the DOS clause.