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Rent to Own: How to draw up Agreement
Our current tenants love the property and they announced that they would like to fulfill a RTO agreement for this property. Do I draw up the RTO agreement on my own or do I need to go through a realtor for the RTO agr...
Ernie Thivierge
How to invest with horrible credit
hello everyone. I could use some advise. I'm recently divorced and need to move within the next couple of months. During the divorce my credit got crushed. Had to short sale my house and my x wife got her truck repos...
Robert Livero
SUBJECT TO VS LEASE OPTION
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...
Brandon Stewart
Can I use a tenant-buyers option money as their down-payment?
From what i understand in a lease option sandwich, most investors collect an option consideration from their TBer, and subtract that amount from the price of the home. But when it comes to helping my TBer get approved...
Sandeep Shukla
Cash Vs Finance
All,I am new here and new to commercial real estate investing. I do have a few single-family homes rented out. This will be my first apartment building investment. I could use some advice from experienced investors he...
Julio Arias Pabon
HELOC for investment properties
I am looking for a banking institution that offers HELOC on investment properties.
N.A N.A
Lease with option trouble?
So we are 12 days out from our preliminary closing on a rent to own home. Yesterday my agent calls to tell me that when she contacted an attorney to have a title/lien search done he refused to do it. Apparently he had...
Jose Madera
Sandwich Lease Option
Hello, I have a question for any seasoned investors who are willing to help others. I have a lease option agreement with the seller, in turn I lease optioned the property out for a higher monthly rent and a higher pur...
Matthew Schiefer
DSCR Financing Recommendations
Hello all,
I just purchased a duplex and will close in a few weeks. I used traditional financing (30 year fixed) on that deal. There are so many more deals out there. I am looking for recommendations and help with D...
Eric Edling
Accessing equity with bad credit
I own my house for about 360k and it’s worth near 1 million. I have found my self in a terrible financial situation. My credit is around 500 and I am behind on my house payment. However, I have started a great new car...