Hello BiggerPockets Family,This is my first time posting on the forums but would love to hear any advice at all regarding this deal analysis.Since Im new to BP and real estate investing, I'll give a quick background a...
Hello, we have been unsuccessfully trying to sell our house and have recently been contacted by a couple wishing to rent to own our home. She is recently out of a three year college program and her husband is less th...
I have only bought 2 ways- MLS and through wholesalers so this is my first experience with pre-foreclosure. I want to be sure I will get full clear title (ownership) of the house and not get burned by an outstanding ...
What if I LEASE a home with the option to buy, does that allow me to bring in a tenant who i can then give the option to rent-to-own, even if i'm not the Owner?? I thought that because since i am basically a "tenant" ...
Hi, I am in IL and considering to provide lease option to a tenant. What should be the term for the lease so that it is not considered as a sale at the time of lease option agreement in case tenant wanted to ex...
Hello all, I understand most of the SDIRA rules, but came across a potential deal that I have a verbal offer/accept on at this point. It would be what I beleive is called a 'subject to' deal. Current seller is willing...
Hi, everyone! I’ve been watching a property in South Florida that is being auctioned in the near future. The recorded liens against the property look to be valued at about 400K.The final judgement of foreclosure is ...
I own a small house also commercially zoned as a reataurant. This is a risky type of business given restaurants in general and the times. They lease has an option to buy after 1 year. In the lease I must receive wr...
How wise is this strategy?
From what I've learned Short sales, REO properties, and Foreclosures can be a potential gold mine when it comes to flipping homes, but is there anything to be scared of?
I'm looking to find my first home to f...