Marty M.
What to do with this deal?
Yesterday I signed the paperwork on a 25 year lease with option to buy. The option amount is for balance owed on the sellers current mortgage loan at the time option is exercised. I'm making payments directly to the b...
Eric Aldridge
Tampa Triplex yay or nay??
Hello BP,
I am in the midst of my first deal, and wanted to get some second opinions on the property, hopefully from Tampa area experts. It is a Triplex in Ybor Heights, definitely a C class neighborhood, but the pro...
Kenneth Davis
Renting to an individual who Filed Chapter 7 Bankruptcy and foreclosing on home
Would it be much of a risk to rent on a month to month to an individual who filed chapter 7 Bankruptcy back in 2012 and is forceclosing on his home this year? I have only had 2 applications turned into me, in a 2 mo...
Brandon G.
Subject To Property & Lease Option
Just out of curiosity, is it legal to lease option a house that has been acquired subject to?Also, I've heard that lease options are still legal in Texas if and only if the lease option period is 6 months or less. Is ...
Ed L.
Help me get this property sold, advice please
This is my families property and it needs to sell so my recently widowed grandmother can invest the money into building accommodation for her to move in with other family so she is not alone, and remove the tax and up...
Ty Schuman
Earnest Deposit Help
Hey Guys,I have ran into a bit of a situation, I am under contract for purchasing to REO Foreclosures from Fannie Mae. One home I purchased for $230,400 + Closing cost and redfin values the home at $400k and the other...
Kevin N.
APPRAISAL CAME IN SHORTER THAN THE PURCHASE PRICE!!!
Hello everyone,I hope everyone is having an amazing weekendI have a quick question for some of our experienced investors in the group! We currently have a property under contract that we plan to buy and hold. The init...
Lane Beene
Profit sharing for passive investors
I am joining forces with several investors for the purchase of an apartment building. What is the typical arrangement for distribution of cash flow, profit sharing, and sales proceeds? My template is: 8% quarterly...
James H.
$5,000.00 Earnest Money?
Hi guys,
I am in the process of negotiating a purchase contract for a house. The verbally agreed upon selling price is 128,000. The seller's brother (a real estate attorney) wrote the contract using standard state f...
Christopher Schray
Subject to Deals
Hello, my name is Chris. I am a young investor in Lehigh Valley, PA
I am currently studying about subject to deals. I talked to a lot of people and all of them said no. They all ask me this question and I am not able...