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I always enjoy talking to another investor who\\u2019s doing things in the right way \\u2013 in all areas. That certainly describes Scott Ulmer. He has raised up the art of doing lease options to a new and higher standard.

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Scott\\u2019s market is higher-end homes that are upside down and/or overleveraged. Their buyers have the income for a substantial down payment, and to even make monthly payments. All that\\u2019s missing is the ability to qualify for a conventional loan. These are buyers who can put down a sizeable deposit, and are serious about owning the home.

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Scott and his team at Little Pink Houses of America spend quality time with the buyer at the outset to ensure they have a better-than-average chance of qualifying within months, rather than years. Hence, Scott refers to their business as lease purchase, rather than lease option. A lease option, he says is just a test drive.

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The deals benefit the seller and buyer, and of course, Scott\\u2019s business as well. It\\u2019s all about helping middle Americans attain homeownership in a non-traditional way. Scott says they have created a \\u201cblueprint for success.\\u201d

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You\\u2019ll be captivated as you listen to me grill Scott on each detail of how his business operates, and especially how they are set up to avoid being accused by the Real Estate Commission of operating without a license. No stone was left unturned to totally operate within the guidelines of the law.

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