Working on my first rental property. numbers as follows Purchase price:165,000taxes: $2448.00insurance:$130025% down. Finance 3% fixed rate for 30 years Income:$1755 in rent Fully leased until summer 2021. 3 units, ...
Its a vacant lot beside my investment property , up for auction not sure if i should invest in the land ,cause i don't think it will increase the value of my investment property .City is offering me first stabs at i...
I have seen some posts relating to the issue of using an option. Some say it is illegal to use an option if you don't own an interest in the property. Is this true? I have been using them for years with no issues. The...
Greetings,Well I bought a duplex and am living upstairs. I found and went thru the approval process and have a tenant who is moving in the beginning of next month. I am trying to figure out how to split up the yard re...
I'm wholesaling a lease option deal. I'm not staying in the middle of, but assigning to tenat buyer. Me & seller are on lease doc & option to purchase re contract. I have a 3rd assignment doc that takes me ou...
Hope everyone here at a fantastic Turkey day! I was recently handed a wholesale that is a little outside of my lane, and I wanted to see if there was someone who might be able to give me some advice on what would make...
Hi BiggerPockets,
I am a new investor who lives in Livingston, NJ. I am eager to build connections with investors, realtors, general contractors, handymen, property managers, and lenders who do business in North Jers...
PenDoT has reached out to acquire a sliver of our land and lease another portion to fix a bridged road way... yet it’s seems more like a notice that they are just taking it. It would block the entrance to our property...
Can someone explain exactly how rent-to-own work? Is there a notorized promissory note? Does the seller/owner set up the documents through a lawyer and is it like seller financing but first one must rent for a certain...
My partner and I are looking at taking over a house wth an FHA loan. We don't want to sub2 it and are negotiating buying on a land contract. We will probably exit on a lease option which I think is fine since sandwich...