Purchase price: $135,000 Cash invested: $40,000 Sale price: $225,000 COMPLETELY UPDATED Colonial Home for Sale in Ontario Minutes from the Lake & Village!

On the lenders title policy is an exception "Rights of claims of parties in possession not shown by the Public Records" which Sally was in possession of the property at the sale and the seller was basically fraudulent.I'm surprised the loan title policy had the exception for parties in possession in it. 

If not, well, a confused homeowner always says "No".𝗙𝗶𝗻𝗱 𝗠𝗼𝘁𝗶𝘃𝗮𝘁𝗲𝗱 𝗦𝗲𝗹𝗹𝗲𝗿𝘀: Look for property owners with a problem, in markets that favor buyers: increasing inventory, declining sales, price reductions, long days on the market.𝗡𝗲𝗴𝗼𝘁𝗶𝗮𝘁𝗲 𝗧𝗲𝗿𝗺𝘀: Decide the 𝘵𝘺𝘱𝘦 of lease option you are offering and craft the terms accordingly, agreeing on option to purchase price, lease duration, and monthly rent.𝗡𝗲𝗰𝗲𝘀𝘀𝗮𝗿𝘆 𝗔𝗴𝗿𝗲𝗲𝗺𝗲𝗻𝘁𝘀: Ensure your agreements are clear, legal, and protects all sides.𝗠𝗮𝗿𝗸𝗲𝘁 𝗼𝗿 𝗘𝘅𝗲𝗰𝘂𝘁𝗲: Depending upon the type of lease option and your objective, either assign the option to a buyer for a fee, or exercise it yourself when the time’s right.Lease options are a low-risk, low cost entry into real estate investing—start small, take action, then grow.

Since then my RE portfolio has grown to the point where I am finding myself devoting more time to managing these assets than my real estate sales practice, which is now over 30 years old.

With a background in sales and a lifelong fascination with real estate, I decided to create a company that allows me to combine my passions while providing more time freedom for my growing family.

Its where agents "post" a listing for sale.

I'd suspect high sales prices in your area?

I'm a first time home buyer and was wondering how this situation would be different than a standard home sale.

With closing costs, housing costs, agent commissions, my HELOC costs, I estimated about $20-$30k profit, depending on sale price.But, now I am thinking this would be a great BRRRR to learn those ropes as well!

We took loans under the individual name rather the LLC, would moving under LLC trigger a sale on paper?