What do you do when you close a lease option deal in which you collect Lease Option consideration??? Legally do you have to hold it as if it was a deposit or can you use that to go find more investments and invest it?...
We have a house under contract (going on 3 weeks now). It is a rat trap and a hard sell, but we have an investor that wanted to see it. We called the owner to make arrangements and he said he sold it to his neighbor...
Ok. Im very confused about how the "option deposit" is credited back to the tenant-buyer. I dont understand how rent credits connect to this.Say a seller wants 100k for a home. I want 3 percent for my fee. So from wha...
I have been reading the discussion forums for a awhile and along with all the information that this website provides, it has given me more information than some of the books I have bought
So first of all I just want ...
So super important question for you BP! I am thinking to Lease Option my primary residence when i move out of state - how much would you suggest i charge in excess to market rate to go towards the Lease Option purchas...
Is an escrow deposit needed in purchase and sale contract for wholesaling? I am working through my very first wholesale deal now so I may be asking lots of questions on here.
I recently acquired my second property. One of the papers I had to sign at the escrow office was the Statutory Warranty Deed. It states:"THE GRANTORS Joe Jones Jr. and Janet Jane Jones, husband and wife for and in c...
Hi Guys,
What are the best ways that I can bypass submitting cash dollars and etc. for the Earnest Money Deposit suggested by a realtor in order for my offer to be seriously considered?
Many Thanx
So I finally sold a home and made a considerable amount of money. I took the money, though not all of it, and bought a number of new properties. How do you go about handing taxes with this type of situation? What k...
I am looking for ways to work my Earnest Money a little easier for me on the contract. I guess what I'm really asking is how do I know what amount is good enough for the contract or do we standardize!!