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Sometimes, as real estate investors, we can have a hard time securing a mortgage from the bank. Thanks to some personal trouble with the IRS, I\\u2019ve run into that situation myself in the past.

Fortunately, you can use the simple lease option as a way to buy a bigger, better house for you and your family. In my case, the first time I did this, all we had to do was put down one month\\u2019s rent as an option deposit. At the end of the three-year lease, we decided we didn\\u2019t want to buy the house, and we were able to just walk away since we hadn\\u2019t just purchased the property outright.

Sometimes, you\\u2019ll find these properties over the course of your regular marketing. And it turns out that you\\u2019re more likely to find owners who are willing to do owner-financed or creative finance deals. That\\u2019s because they often own another house, and don\\u2019t want to be a landlord. Take advantage of that, and work the lease option for a year or two.

In these cases, you\\u2019ll want to be able to put down a large down payment. You\\u2019re much more likely to get a seller to agree to a creative option if you can put down 10 or 20 percent upfront.

For more information on how to do lease options, go check out my webinar at SLOclass.com.

What\'s Inside:

\\u2014How to use simple lease options to buy a home for you and your family.

\\u2014How to find sellers willing to do creative deals.

\\u2014What kind of down payment to make.

\\u2014Tips for reaching out and communicating with sellers.