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I'm working with a tenant who wants to purchase the home they are currently renting (and I have a mortgage on). I'm open to it, but not really sure where to begin. I know there are companies that will service the note...
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I am preparing to raise capital and I would like help understanding how to go about structuring and writing the terms of the funds.MY IDEA I want a $100,000 interest-only loan. I would invest this into a BRRRR. Then I...
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Hi All! I have recently purchased a house with tenants. The lease ends in September. However, the closing went pretty fast and I completely forgot to ask the previous owner about the condition of the house. We have pu...
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I have a couple basic (probably dumb) questions about a lease option.
First I need an option form that is tenant buyer friendly and hopefully adresses a monthly credit as well. What I have is very seller friendly and...
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My business partner and I have been trying all week to purchase our first investment property since 2005, and we have run into a strange problem: Wholesalers want to assign their contracts to us, but they don't want s...
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Submitted my post under wrong category... -------------------------------------------------------------First, I just joined 10 mins. ago. But I've been browsing through this site from quite some time. I'm hoping to...
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Hi,My retired neighbor recently told me that he wants to sell his 50 years old, 1300 SF 3/1 house for around $400,000. The house located in nice South East Whittier, CA area bordering Fullerton / La Mirada / La Habra....
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Hello All - We are reaching out to some Local Banks to get pre-approved for investment property. We don't own a house of our own and are looking to purchase a property outside of our current residence of Florida. When...
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Is it common practice for an investor to have the seller's mortgage company forward the account's info and coupons to the investor? I read that as a step in lease options to mitigate any risk for the investor that the...
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Hello,So I just started my first direct mail marketing campaign and received my first call. The seller left me a voicemail telling me she didn't want to sell the property I was offering to purchase but had another pro...