I have seen many posts warning not to get involved in monthly option credits in view of Dodd Frank Act. I have downloaded the entire act and would like someone to direct to that section that deals with monthly leas...
Can somone explain the lease option to me. I read a few books and I have some questions. I hope i can explain them.
1.If you find a tenant to lease option a home for $100,000 with a $4,000 nonrefundable fee and the m...
Hi Fellow BP'ers in Naples!! I'm looking for a real estate agent who is also involved in real estate investing in the Naples, FL area. I'm interested in buy and hold townhome(s). Any suggestions and help will be gr...
this is a newbie question but here is my background...I have been a silent partner in flips for the last year on two properties which will be getting the principal and profit back soon as they are under contract or ha...
I am looking to scale on my sandwich lease options (purchase) deals this year. I also want to really make sure to do everything by the books. I do not have a real estate license..yet. What is the legal way, pref. in P...
Looking to save a home from Sherriff’s sale. Home is located in Pennsylvania, and schedule for sheriffs sale the end of June. Mortgage Company wants $60,000 in back payments and late fee’s to prevent sheriffs sale. C...
I have been reading many of the discussions in regards to wholesaling and bird dogging. From what I am reading it seems like would have to market my properties in such a way as to not come across as representing the b...
Hello, Our CPA told us today that:
- Based on a selling price of $215,000, I am calculating a gain on the sale of the property of about $127,500. This amount of gain creates approximately $24,500 of additional feder...
Hey guys , I hope everything is going well ..
I was curious though , which do you prefer ?
Wholesale ? Or Lease Option ?
Wholesale seems easier and straight to the point ,
but lease options , seems too bring in more f...
Need some detailed help. Owner wants 60k for the house, needs 30k rehab and ARV is around 120k-130k. He has owned it 5 plus years after mother passed. This was his original boyhood home. I want to offer him 2 opti...