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I am confused. I have heard Lease Option, Lease Purchase and Rent To Own. I am not sure I am speaking the same language when I refer to Rent To Own versues lease option.Can someone explain the difference to me? Her...
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Do you have to set a purchase price dollar amount in the lease option. Can you state that the purchase price would be the average price between two independent private fee appraisals done at a set point in the future...
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Hello,
I have some questions about Lease Optioning a property:
1) Who has the insurance on the house? The originial owner?
2) Who pays the taxes and/or gets the tax write off on the property?
Any help would be appr...
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Recently I advertised a few wholesale deals and other wholesalers would call me. The other wholesaler would be interested in wholesaling the property to their end buyer. This would mean there would be two assignment...
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To be honest, I was given a leg up in life by my mom when she told me that she had an account with $20,000 that was set aside for my college education. With that money I was able to get a bachelors degree which led me...
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Good morning, BP! We recently completed a renovation on our rental home. The contractor told us the work would take 10 days to complete, but it actually took 2 months. Anyways, he promised us that he would pay us for ...
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I am in a situation with a co-owner of a residential property just outside of Houston whereby my co-owner has decided she wants out of the arrangement. We purchased the home over 3 years ago with the intention of sta...
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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...
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Hey BP Community,Looking for details surrounding Seller Financing.... I'm still a bit confused on how it all works, especially if the seller has no mortgage on the property. What's involved, deposits, contracts, attor...
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We have 19 units in East Bay Area and are in contract for 9 units (4+5) in Philly. The 19 units in East Bay are basically 3 quads and a 7-plex. All of these props have been bank financed and we will continue to qualif...