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HI ALL,
A FRIEND OF MINE HAS A PROPERTY THAT IS A BILEVEL THAT THE OWNER WANTS TO TO GIVE ME THE PROPERTY SUBJECT TO THE LOAN ( I'LLTAKE IT OVER), FOR 272K , PAYMENT IS 2017.94 PITI (RENTS IN THE AREA ARE AROUND 1500...
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I need inputs of our "lease option specialists" in BP for a deal I am putting forward.
My understanding is you can do this even if the property is underwater. Please advice if it is viable.
There is a balance of $120...
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Hey BPers...I need some help tonight. I'm looking at purchasing a SFR from a friend and we discussed two options. The asking price is $85K. Rent is $850/month and the tenant has been there for about three years. Good ...
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As a newbie investor, I would like to stay in the Central Florida area. Is lease option a viable strategy in this area? Any information is appreciated.
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Any suggestion on the easiest, safest, most legal and feasible, aka "the best," or "ideal" method of completing the actual sell of the lease option in California, for 2016? Is it a double closing (stuck paying 2 sets ...
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Is it possible to sell a multi-family property on a rent-to-own basis? If so, what is the general process?Thanks, Mike
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I am in the middle of closing a deal on a lease option agreement. My question is, after the agreement is signed, do I need to purchase any kind of rental or home insurance to protect myself of loss?Couple of facts:The...
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How do you explain to the seller why a lease option would benefit them and why they should allow you to sublease, do you be upfront with them and tell them you are going to sandwich lease. I understand how to get a Sa...
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Im trying to weigh my options. Had an low ball offer rejected but built some rapport with her on the home. A lease option would be a great solution to her problem since she is not in a hurry to sell bit is stressed, h...
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I have a question about how to best help a homeowner and maximize my profits as well. he has to pay 13000 as back payments. He owes 204000 on the house and he would be open to paying me rent with an option. I don't kn...