Posted by Bob L (ny) on June 21, 2000 at 21:15:13:
No deal pending-just a question on straight options? Listening to Ron Legrands tapes he had mentioned that for a invester to be able to legally sell a house (doing a l/o) was that you need an equity interest. Now that I remember a bite more he does say that for straight options each state has a differing amount of money you are suppose to put down to make it “legal”. So I guess I answered my own question.