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Does the "Purchase Option" system work?
I just read an article about a system called the "Purchase Option" system. Basically, you find a motivated seller and offer to lease their home for a number of years and then have the option to buy them out at the en...
Tony Marcelle
What is the downside to that if any?
What is the downside to buying a property subject to an selling on lease option? What must one do to protect themselves by doing this?
Lee Mast
Lease Option - step up in bases questions
I have a problem ... I have too many leads and not enough knowledge/experience or money to make it happen!!!
Okay Explain! I reached out to an older couple in my home town who are land lords. I rented from them year...
Chris Wallace
Advice, Commercial RE, sell or cash out to buy another property
I'm Trying to give a complete picture so I can tap into this great resource of BP. I own a commercial property, no mortgage. Two appraisals 3 years ago $1.8MM. Raleigh NC, so unlikely to have gone downRent $10,400/m...
Paul Bush
Sub 2 hang-up
Hello! I have a sub 2 deal under contract at $181K and a retail buyer who wants to pay $220K to buy the deal from me, meaning he's going to pay me $39K cash to get the deal.
The problem is that he's nervous...
Ayodeji Kuponiyi
Assigning a Subject-To Contract? Is this Possible??
Hi BP Nation!So I have a house I have under contract for 36 months with the intention to do a Lease Option on. I have a buyer that wants the house for himself however, he wants to do a Sub-To. The house has a mortgage...
Account Closed
"FHA wont allow it" [ Rent 2 own ]
So this seller said FHA wont let her sell her house rent to own, I asked how long she has living in the house and she said 10 years.I thoguht you could rent it after 1 year,.. why wouldnt she be able to?
Stephen N.
First sandwich lease option deal. need help
I've done close to 100 real estate deals the last few years but have never attempted to do a sandwich lease option until now.I have signed lease with option to buy with the seller and have recorded the option in the p...
Ryan Bird
Due on Sale - Remedies if Bank gives 30 days notice
From previous posts I read that due on sale is very rare but real. Now that I have quit claimed the deed to an llc , which is 100% owned by me, what are the remedies/proactive steps I could take now if the bank calls ...
Alicia Hensley
lease agreement tenant trying to sell the house?
I'm looking into purchasing a rehab for sale. The house for sale is being sold by lease agreement tenant. How would that work? From what I understood, he's the one leasing from the owner and is now trying to sell the ...