re: How much info about closing do I put in a lease purchase contract?

The funny thing is that we have a guy whose a loan officer in here saying don't do it. When I first left the bankline womb and began working with/for mortgage brokers and had exposure to the full array of products that were available in real estate finance when I was in the game, the guy who taught me the most about the products our shop had access to was making a six-figure income off his lease-purchase stuff.

He did his homework but was CONSTANTLY on the lookout for new opportunities. Made an absolute killing doing them.

Like anything else, you have to make sure you have a philosophy and a rigid system that provides for risk within tolerable levels. Like a lot of people here on MT.