Linda Thomas
Left behind items in rental
During the writ of possession tenant expressed that they want all the items they left behind. Does that mean I have to give them 10 day or 30 days according to the PA law? see below or they have the 10 days to contact...
John Smith
IRS Foreclosure Redemption Likelihood? ~$1.3M Equity, ~$2M+ Federal Tax Liens
Hello Bigger Pockets Forum,
Looking for thoughts and feedback on the probability of the IRS exercising their redemption rights (during the 120-day period) to redeem a foreclosing property which has ~$1-1.3M of equity...
Roger Medina
Qualifying a tenant buyer for sandwich lease option
So I want to explore lease options or owner financing. I have a seller who is intrested in the possibility. I went against my better judgement and signed up for a seminar and bought the course mostly for the contracts...
Alex Locklear
Getting paid fee as a lien holder?
I currently have a home under option contract for 2 months. I have it under option for 212K and marketing it for sale at 220K. I know it's not a big deal, but I'm just looking to get my first deal done.
...
Ward Pyles
Lease Option Downpayment
Lease Option A B C transaction question: “B” has an equitable interest in a property from “A” with lease option for say 200k to be exercised in 36 months. “B” finds “C” (the end user buyer) who will sublet the house a...
M S
Finding A Buyer for A Short Sale
So Im still new to real estate investing and been looking at this short sale investing angle, i have been really focusing on wholesaling and working on my buyers list.If your using an Option contract and then negotiat...
Joe Tenenbaum
rent to purchase option
I have been trying to sell my rental condo and have been proposed a rent to own arrangement. The tenant/buyer would put down a non refundable deposit of about 20K and then rent the condo for 16 months and then have t...
Tom Gimer
The Due on Sale clause (DOS)
This issue gets mentioned a lot on this site.Here is the "standard" DOS clause :------18. Transfer of the Property or a Beneficial Interest in Borrower. As used in this Section 18, “Interest in the Property” means a...
Rick Bassett
Length of Lease Option Contract - 5/7/10 years?
It appears that 2-3 years are the typical length of Lease Option Contracts but that does seem too short if you are really hoping that the tenant/future buyer will really repair their credit in time to exercise their p...
Susan Franco
Conflicting advice regarding paperwork
I am a newbie here, and am getting conflicting advice from others.I got the seller of a property to give me a signed "option to Purchase"agreement, however I am getting differing opinions that you first need a stan...