I recently came across a real estate buying technique call a FLEX OPTION. Does anyone have experience using this and if you so how well does it work?
Hi. I am in the process of repairing bad credit (low to mid 500's). Until it is improved greatly, will it essentially disqualify me from investing via Lease-Options? If the sellers sees a bad score, I can see why he w...
I've recently heard several podcast guests (on BP, Real Estate Guys Radio, and others) talking about 25-30 yr commercial loans, some with fixed rate. I've always bought commercial properties through a local bank on 15...
I'm the real estate guy in my group of non-entrepreneurial friends. I get the "hey you got any houses?". And I say no. I don't have any for them. As a wholesaler I mainly sell to cash buyers. I asume lease option woul...
Hey BP,
Followed up with a lead today and here's the situation... House is a 4/2 that needs a total rehab, estimated repairs 60k-65k. ARV is 200k and the owner owes 108k but is extremely motivated. I'm trying to ex...
As I'm pulling together a rehab price for a house, I realized that:
a) the driveway is only 7 1/2' wide (between stone walls) and steeply sloped
b) the street has no parking during afternoon rush hour - the city won...
I am getting started, and about ready to send out my first mailing. I am purchasing my leads from listsource.com. The question is which list will I use. My inclination is to focus on rent to own/lease options. That wo...
Looking for information on lease option from the sellers side. Thinking about holding notes on fix and hold with lease options. Not exactly sure how to structure.
Purchased -$58,900 ( under contract )
Flip
Reno - $25,000
ARV - $115,000 ( Real strong comps )
Net around $25,000 ( 90 days. Numbers on reno and value are vetted and safe)
Hold
R...