After closing on a deal, how long is it advisable to wait before transferring property to an LLC? Especially when its likely the loan will be sold to a third party?
What is the difference between owner finance, seller finance and rent to own ?
A lot of leases have multiple 5 year option clauses but are they really necessary from a landlord perspective? It seems like the only benefit is to the tenant that can lock in their option rates for the long term. L...
The building I rent for my office was sold to an outside investor last Summer. The investor has been pushing me to lock-in to a new 7 year contract (current term is up Dec 2018). My assumption is that the investor is ...
Hi…so we have this 6 flat we bought a month ago and we did another walk through today and of the newest tenants (not leased by us) was a bit odd…not strange in mental health way, but somethings didn't add up….she clai...
I do California junior lien position business purpose loans secured by CA single homes .I am looking for an an Inter creditor agreement between the the 1st Lien lender and junior lender , whereby 1st Lien lender al...
When assigning a Lease Option I would:Letter of intentLease agreementOption to purchase agreementBetween seller and I, then:Assign to end buyerCollect option fee and step out of deal. Since it is not considered down p...
After reading a lot about the lease option strategies, one thing I have not seen much about is an exception for home owners looking to do one or two of these a year. I understand if your are going to go into the mortg...
Hi If I purchase the property and put the tenant buyer with 2 years rent to own contract ,Can I refinance the property once I have tenant buyer put in the property , let's say after 6 month ?I will pay off the loan if...
Hi BP community. I searched in the Tax and Legal forum, but didn't see this question answered specifically. I am trying to determine how lease option up-front option fees are taxed. My understanding is that they are r...