All Forum Posts by: Natasha Hylton

Marco Santarelli

Marco-
I am located in southern california and TN is my second home.
Matter of fact, ill be out there in 2 months. What would you recommend far as meeting someone familar in the area and joint venture if I'm in cali? Thanks

Bill Gulley

Gotcha bill. Thank youuu :)

Bill Gulley

Thanks Bill :)
I wished I would have done this sooner but the beauty part of life is growing. I wil do some research on my local real estate companies etc
Now when you say look for rentals. And who holds them, is the info also placed at the courthouse?

Bill Gulley

I do see your view on the strawberry store. Pretty clever lol

Mark Gilbo
Thank you for you informative experience and ill take it into consideration. I'm am a newbie to the real estate game and finding my niche.

Bill Gulley

I remember a post you wrote about researching your "mentor" investors. Where would you first find the active real estate investors in your local area?

Mark Gilbo

Thank you. I am taking the time to learn about it don't want to rush. I just know lease options is a pretty good stragedy whether the market is good or bad.

Michael Carbonare

Thanks. Today ill be researching my zip code farm area such as quality school districts, job growth, appreciation etc.

Brian Gibbons

Thank you Brian for all your help as well. You taught me a lot as well and I appreciate you :)

Michael Carbonare

thanks. i did read about paying the seller once you receive the option money from the tenant buyer. so thats a good idea.

So just to clarify for example the seller has rent at $1400 and PITI $950, the "Seller" pays the PITI and the tenant buyer would pay $1600 rent right ? ($200 cash flow for me)

I will take your advice on using notes .

im still trying to understand the only difference between a sandwich lease option and a cooperative lease option is you assign it and no longer liable to the tenant buyer and the title is still in the owner's name right?
where as a sandwich the title will be transferred from the owner to the tenant buyer once they buy the property ?

5 questions

1) When doing a cooperative lease option assignment does the investor pay for the taxes, insurance , Homeowner insurance or does the owner?

2) when negotiating with the seller for the "option money" can you prepay the rent several months in advance? or do you can you pay $10? $500?

3) where can i get a better understanding on loans such as conventional, state or federal loan as well as FHA loan, a VA loan for a lease purchase?

4) if you have an option consideration of $3000 and the tenant buyer only has $1500 and you want to create a note for the remaining, what if the tenant buyer stops paying the note?

5) does te 5% rule on the purchase price consist of the spread for invstor (me)?