Posted by George P. I don't think you fully understand the concept of You never pay sellers. If you do, some sellers could keep the money, never pay the bank, file a bankruptcy, get foreclosed on and you would lose everything. Texas is the exception of the rule. Yes, you are correct, too many laws, too much confusion. They created illegal laws, lots of confusion and In Texas, use a lease option structured like a contract for sale-perfectly legal. Different name for same thing. Texas used to be the best state for creative financing, until that happened. He owned around And disappeared with all the money. Get the seller out of your mind. You are buying the house from the seller, therefore you own it not the seller. You need to learn more, get all my materials and really study them.
on 4/27/2004, 3:18 pm, in reply to "Re: Monthly Payments"
68.130.202.120
That would be the last thing in the world to do and that is paying the seller.
Paying the seller for what?
my style creative financing.
Why? You had a Texas guy, who owned gazillion of real estate and screwed everybody, so the lawmakers tried to protect everybody.
lots of problems.
800 properties, that's what I heard.
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