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Recent content by rfk

  1. rfk

    Ron LeGrand style Agreement for Sale (AFS) with Rent to Own exit

    Hello Thomas and David, Thanks so much for the help! All the best, Robert
  2. rfk

    Ron LeGrand style Agreement for Sale (AFS) with Rent to Own exit

    Hi David, Jim and Thomas, Thanks so much for your replies. I see there are several ways to do these deals. Jim, what is lease w/option to purchase in this context? The offer to partner with the seller is good but the seller needs the 20K. David the way you outline the deal is the way...
  3. rfk

    Ron LeGrand style Agreement for Sale (AFS) with Rent to Own exit

    Hi Thomas, Thanks for your reply. Great explanation I think I'm understanding the concepts. I was thinking that I'd be paying his mortgage but in fact I'd be creating the wrap mortgage to cover his existing mortgage payments. His equity is also included in the mortgage but the rate is dropped...
  4. rfk

    Ron LeGrand style Agreement for Sale (AFS) with Rent to Own exit

    Hello, I`ve got my first Agreement for Sale under way. I`ve been negotiating over the phone and I`ve built up a really good rapport with the seller but I`m having difficulty putting together an offer. Here is the deal. Joe has a condo in Toronto that he is selling FSBO for 320,000. He...
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