How to Find and Get Paid Up Front on a Lease Option Deal in the Next 7 Days!

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How to Find and Get Paid Up Front on a Lease Option Deal in the Next 7 Days! by Mind Map: How to Find and Get Paid Up Front on a Lease Option Deal in the Next 7 Days!

1. Quickly Find 3-5 Houses to Market

1.1. 1. Your own inventory

1.2. 2. Your offices inventory

1.3. 3. LO/SF Homes in the MLS

1.4. 4. REA Friends

1.5. 4. FSBO/FRBO already offering LO/SF

1.6. 5. New Expireds

1.7. 6. MLS over 90 days

1.8. 5. FRBO

1.9. 6. FSBO

2. Find Buyers

2.1. 1. Post LO/SF Ads in Free Classifieds

2.2. 2. Advertise Your LO/SF Properties

2.3. 3. Email Agents for Referrals

2.4. 3. Place LO/SF Signage

2.5. 4. Google Ads (optional)

3. Screen Buyer Leads

3.1. Down Payment

3.2. Motivation

3.3. Set Preview Appointment

3.4. Require Application

3.5. Screen through Lender

4. Show

4.1. Show your properties

4.2. Find more homes to show

4.2.1. MLS

4.2.2. FRBO

4.2.3. Expired Listings

4.2.4. Listings on MLS over 90 days

4.2.5. FSBO

5. Write and Negotiate Offer

5.1. Use the right forms

5.2. Write offer

5.3. Present to agent/seller

5.4. Negotiate terms

6. Seal the Deal and Get Paid

6.1. Set up Payment Processing

6.2. Have TB deposit funds

6.3. Deliver keys

6.4. Pick up your check

7. Support, Accountability & Close

7.1. Send contract to mortgage lender

7.2. Suggest credit repair if necessary

7.3. Put follow up dates in your calendar

7.4. Coordinate closing