Meghan RAo
New to BP and looking for a new market to invest in
Hello. I'm a new member here and currently live in Houston, TX. We have owned a STR in Florida's panhandle, which has done very well for us for 10 years. We also own a LTR in Fayetteville, AR. We are wanting to ad...
Trevor Schuler
Help with a subject to deal
I have a homeowner who is running into default soon. House PITI is $1109/month. Value is right at what is owed on a 30 yr mortg $147,000. House may rent for $1200/month. They would like a little money down and as well...
Mike B.
Sandwhich Lease Options
Can someone who has done these successfully and recently, please highlight the actual logistics of completing a sandwich lease option currently?If I get a property under contract as a lease option from the seller, whe...
Carl Shorett
Primary Residence 121 + 1031
I am looking to purchase a house from someone who has owned the property for 20+ years. Their cost basis is ~$250K and the home is now worth ~$2.5MM. This is their primary residence so they qualify for the $250K Secti...
Shiloh Lundahl
My 1st MILLION $$ Month
Hey everybody. I haven't been as actively posting as much lately because I have been really busy this year. As some of the old timers on BiggerPockets may recall, I started doing lease options in 2017. I started of...
Marc C.
The NEW Dodd-Frank-exempt Lease Option Concept
The NEW lease-option design...As I understand it, one of the requirements of the new Consumer Finance Protection Bureau, birthed from the Dodd-Frank legislation, is that ANY lender in an installment sale has to verify...
Stacy Steven Smith
Excercising option as trigger point for sales contract?
Please forgive my newbie question regarding wholesaling,... but is it possible, or common, to put in your sales contract that it commences upon the excercising of the seperate Option contract? The Option to Purchase ...
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How much money have you made form Lease Options?
I've personally made $117,200 using the lease option strategy on my last two deals. I'm interested to see how many people have actually made money using lease options to sell property.
Please list your experiences w...
Tom Miller
Short term seller financing of land - THANK YOU!
We have vacant land under contract to a buyer for $149,900. There are no realtors in the transaction. We own this land free and clear. The buyer just learned the bank won't loan her the money until a well is installed...
Richard S.
New Jersey Rent-to-Own / Lease Options
Hey everyone,I'm intrigued at the idea of offering prospective tenants/buyers my single-family homes with a lease-option or rent-to-own scenario. I don't know a lot about Dodd-Frank yet, except that it definitely appl...