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...

I have a situation where I need to rent my fathers property that is currently underwater. He needs to move due to medical reasons. It looks like we can get enought to almost break even.

My question is, is it a good...

I'm looking at a property in foreclosure, or pre-foreclosure. The "law day" is set for January 31. (I'm in CT.) The property is upside down with the debt exceeding the FMV by about $48k. It will need somewhere in the ...

I have been trying to figure out how to get rid of my underwater home for a while.  I recently became disabled, and moved away from a mortgage I could no longer afford.  I have luckily found a renter to help make the ...

I have been investing in the Atlanta market for some time as a fix and flipper and fix and hold investor. I purchased a home which needed a total gut and renovations. I chose to do a 500 sq ft addition. Doing the addi...

I know this is a long shot, but I got a call from a gentleman today who lives in California and owns a 6-year old 1200+ sq foot house in Charlotte.  3br/2.5ba.  Has had renters in it from day one.  The last of which w...

Greeting everyone and thank you in advance for any help any of you can offer me. I currently live in NY and am 1 year away from retiring. My wife and I want to move down south to FL. We bought our home prior to the ma...

I need to get rid of a dog deal that I'm underwater on. I owe about $30,000 more than its value. The lender is a local bank. I have the cash to pay the difference, but it is a big chunk of my liquid money. I have ...

A friend of mine filed bankruptcy in 2009, surrendering his interest in his home and thereby eliminating his personal liability on his mortgage note. After five years, the lender still has not foreclosed and my fr...

I've got leads on a couple of houses that need a fair amount of rehab. The problem that I have is that they have no potential profit, as they are, because of $ owed on them. One is behind on a few payments and the oth...