Benjamin Cowles
Non-exclusive option contract to gain equitable interest?
Would it be a good strategy to propose a non-exclusive option contract just to get equitable interest in order to legally attempt to sell a property while not tying up the seller? Its seems like a no-brainer to me but...
Douglas Ellis
Lease to own for rehab then flip?
Have an opportunity to purchase aging neighbor property who is moving to retirement home. Thinking a creative approach is to execute a 6 mos lease-to-own agreement with attorney with option to purchase at pre-agreed (...
Account Closed
Advice Needed : I'm taking over an Duplex with existing tenants
Advice Needed: I'm taking over a duplex with existing tenants. I have a few questions. Hopefully, you all can help me out.I have an offer on a duplex with existing tenants that’s going through the diligence period.The...
Lincoln Lewis
Buying Property with Tenants Already There
Hi, We're in contract to buy our second rental property so I'm a bit green. It's a duplex with tenants in both units with existing lease agreements. How do I deal with things like late fee policies, collecting rent...
Allison Karrels
How do I formalize this private loan
I have an offer from a friend of my father to loan me $25,000 at 5% over 5 years. The money will be used as a down payment on a duplex I am looking to purchase. I am financing the remaining 75% with a traditional mo...
Daniel Vandevender
Lease agreement questions
I’m in Ohio and was wondering the best way to find and keep a lease agreement template for single family homes? Can you buy an excel copy online? If so where? Is there anything special I should add such as bed bug stu...
David Qian
FHA Loan for Primary as a Real Estate Investor
Hi guys, first post here:
Has anyone had any experience with obtaining an FHA Loan for their primary residence as a full time real estate professional? More specifically if you own multiple investment properties and...
Patricia Baker
Looking for advice on Co-Share property
Hi All, newbie here. I purchased a property in a Del Webb 55_ community, with my parents in Indio CA, 3 years ago. My parents have been living there until recently when I had to move them back to the Bay Area due to h...
Johnny Brown
How should i handle this deal?
Okay so I found a private seller for a home. It's a single family home 3 bed 1 bath with car garage. They seller wants $70,000 for the home. I was thinking what would be the best thing for this. I was thinking mayb...
Brandon Washington
Landlords and tenants
Recently purchase an 8 plex, the old owner seems like he isn’t handing over the tenants deposits. Should I ask for a new deposit from the tenants?