Morning all,
Have a question about lease optioning. I was approached by owner about managing a property for her. I am anticipating asking her for an option to purchase. House is slightly underwater. Prices are going u...
Hi!
Calling all lease-option pros!
I have a single-family house that is currently a short-term rental but it's just not making the amount of monthly cashflow it needs to be worth the extra hassle.
Now, could I ke...
A man contacted me from one of my adds and here’s the deal.
He has an assigned contract from the owner for $124k...
He then has it lease optioned to a couple occupying the property with a price of $155k on the con...
I am copying/pasting questions from 2 BP users in an article regarding lease options. The questions were unanswered and they are excellent questions, would appreciate someone to shed some light on these1. Do you tell ...
It's easy to go with conventional as most are versed in that product yet there are so many other options out there. It seems the few lenders I've spoken with all want to direct to conventional vs anything else. Is it ...
Is it customary to include in the Option to Purchase agreement a clause stating that the owner agrees NOT to attempt to sell the property to any other party while the option is in effect?
i still dont really understand it
How does it work when you buy an investment property where the previous owner had an option to sell contract with the current tenant? Will the consideration payment be paid forward to me and then I am short an option ...
I am so happy that I didn't go through with that deal I had couple of weeks ago. I had a deal where I was going to be purchasing a property keeping the sellers existing mortgage in place, and calling it "Seller's fina...
We have an office building with a great long term tenant, that is in a below market rates, and we're good with it because they are stable and NNN. Their lease is up for renewal, and contains one Option to renew, whic...