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dfwagent Category: Business Strategies
Current Grade: B
Total Views: 825
Member Comments: 0
Posted on: 02/01/2007
Posted by: dfwagent
Blog Points: 242
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Now that we can no longer do one year lease options unless we put the dead in the buyer's name (right, like we're going to do that), the 6 month leases don't allow for decent down payments anymore to cover your losses in case of tenant destruction. You could renew the lease every six months, or just find a mortgage company that takes incredibly bad (d paper) credit scores while you put them in your home. Typically D paper people treat your home like T-Paper (tee hee).