Matthew Teuschel
Lease Purchase Option When The Seller Has A Variable Rate Loan
13 November 2018 | 5 replies
You don't own it or have to worry about their mortgage unless you plan to exercise the option and buy the property.
Ben Martorano
Question about Illinois Assignable Tax Certs
17 November 2018 | 2 replies
As an educational exercise, I went to the courthouse and had them pull files of others who had petitioned for a tax deed.
Daniel Jewell
Amazon investing in Arlington
4 December 2018 | 8 replies
Consider being a $60k-$120k worker for Amazon there and then run through the "drive till you qualify" exercise.
Jacob Breazile
First Duplex Purchase
22 November 2018 | 22 replies
As an exercise, I think you should run your numbers with more conservative estImates and see if the deal still holds up.
Rudi D'escalarre
How do my buyers actually buy in a lease option?
23 December 2018 | 13 replies
The leases I had includes the option, no time limit, and no specific purchase price.So somewhere along the line, the tenant notifies you he will exercise his option to buy.As to why, plenty of reasons.
P. Ian Arbogast
Mobile Home Park Homes - Selling POHs on contract
18 November 2018 | 9 replies
Just notify them, per the terms of the lease of course (ours is 30 days notice on month-to-month contracts), that you are exercising your option to terminate the lease.
Rudi D'escalarre
Question about the back end of a lease option deal??
16 November 2018 | 1 reply
At the end of the term they exercise their option agreement, execute an agreement of purchase, get approved for a mortgage and take title of the property.Make sure you work with an experienced mortgage broker and lawyer to make sure you do things right for your area.
Lee L.
failing, failing miserably
27 November 2018 | 43 replies
It also has been quite an exercise in sweat equity, and learning to see everything from the guest point of view as opposed to our personal biases.Hang in there!
Tracy Bogie
Private Money Terms needed for pitch-specifics and documentation
18 November 2018 | 2 replies
Define default and what happens if you go into default (ie. exercise their rights per the deed of trust which spells out how they take control or sell the property)This isn't everything but it's a start.
Mauricio Ramos
16unit Apartment Syndication - South Texas
25 November 2018 | 15 replies
The way you have proposed would be the most costly way to do this exercise.