
10 June 2014 | 8 replies
Think about it, if the property was easy to sell, the seller would sell it to a conventional buyer who would pay the seller cash.Sellers generally get market value at today's prices and relief from paying a mortgage on a vacant property.Although the lease payments may exceed market rent, the buyer is building a down payment and banking that the property will appreciate beyond the agreed upon purchase price.Buyers generally make a small down payment, with little or no qualifying, making a lease purchase an attractive way to ease into the benefits of home ownership.Buyers also receive a forced savings plan since part of the lease payment is credited toward the purchase price at the end of the lease option agreement.If the buyer defaults, sellers do not refund any portion of the lease payments nor the option money and may retain the right to sue for specific performance.
11 June 2014 | 18 replies
I guess I would seek legal advice and I am going to look up the law after this post but I would say that the tax is on the tenant, not landlord.

12 June 2014 | 4 replies
I am desperately seeking information, so that I know how to sell my house using owner financing.I just want Owner Financing 101 (from the perspective of the seller).I'm looking for hard examples using numbers.

15 June 2014 | 8 replies
Hi all,I am in the process of seeking out financing for my first out of state buy and hold deal.

12 June 2014 | 0 replies
Hello all--
I'm looking for some referrals for reasonable plumbers-- I haven't been able to find one that actually FIXES the problem. This is an issue that may require digging up the yard. I'm hoping for so...

14 June 2014 | 16 replies
I'm ready and eager to learn.I seek all the information that I can glean from you guys, because there's no way to learn like getting your hands dirty in participation and activity.

14 June 2014 | 10 replies
I'm thinking that meeting up with someone established in the REI world and seeking to understand deals in motion will help me wrap my brain around the A-Z of how deals get worked.

14 June 2014 | 13 replies
I've placed a bunch of offers this year, seeking to pursue a buy and hold strategy to build a rental portfolio.

13 June 2014 | 8 replies
I'm really looking forward to conversing with many of you and seeking the guidance of pros on this site.