Wife and I moved into a house in dire need of repairs....wife wanted the house b/c she wanted a fixer-upper. What needed to be repaired was the kitchen needed to be completely redone (water damage ruined everything, l...
I met with a broker last night who buys wholsale homes. We sat down and he mentioned lease option is a great way to start my investing career. He said i could pay rent per month for a year and fix the house up while ...
Hello Fellow InvestorsI am considering investing in a buy and hold with a friend. The details are below, please let me know if there are any legal or financial issues that I am missing.1. My friend is buying a SFH wit...
Hello! I stumbled across a home in one of the nicest neighborhoods in our hometown. The home is placed in a neighborhood where comparable homes sell for $900K-$1.3 million and it's set to go to auction in a two months...
I have 20 properties in section 8 (Atlanta). There is a very high demand - no issue in getting tenants . Rents are based on comps that section 8 decides to pull. I have been thinking to try this flooring going forward...
One of my financial regrets was not buying a multifamily investment property in my late 20s. Instead of taking advantage of multifamily investment opportunities to generate more passive income...Sam Dogen wrote this f...
Hi BP,I recently talked with an investor who buys houses for people looking to do a rent to own and collects 10-15% down, charges market rent (none is credited towards the purchase price), and marks it up about 15-25k...
Hey guys I am new to this. I currently have a property rented for $1700/month. I am looking to sell the property and was considering a lease option. The P&I and taxes run $1516/month. Can someone help me create...
I have a pending dilemma that I'm hoping someone on BP can help me with.
I have a lease option buyer (married couple) who was due to exercise their option in a couple of months. Just got a call from them stating that...
how do you make money on a sandwich lease option when your tenant buyer exercises their option?
example:
i get an optionto buy from a homeowner for 115k
i give an option to a tenant buyer for 130k
i make an option...