So I've been reading up on L/O (lease-options) and I was getting pretty revved up because they sounded like a great way to purchase a home and cash flow with out having to pay so much money upfront.However when talkin...
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We need help .....to help a couple we found who will lose their house in 90 days. We'd like to help them and do a deal but I can't think of how it can happen with the way the numbers are....unless there is a solution...
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We have potential renters who want to lease to own. They can afford the monthly payments but don't have the downpayment for the house saved yet- they have a plan to do so in the next year.We offered to allow them to r...
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Hi all, i just started out and have gotten some leads and one of the sellers seems really motivated (really nervous for the first call). However the property is in a location where there is not a lot of buyers and pop...
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Hello everyone! I could definitely use your help to make sure my thinking is on the right track with this one. Here are the numbers:
The house is a 3BR, 1.5 BA rancher. It is 1120 square feet. The owner has finan...
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Really not a question but more of a looking for encouragement post.I’ve been a long-time lurker of BP. Probably since I was around 21-22 and I’m now 25. It has just never been the “right” time to start. Right around t...
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Does anyone have a Lease Option Contract or a particular resource to obtaining one for review? Thanks in advanced Masterminds!
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Curious to see how different people have done it. When you FIRST started, how did you acquire the funds to buy you first property? Mortgage? Savings from primary job? Inheritance?
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Hey Fellow RE Investors,
First of all I want to thank all the pro's on this forum evaluating and commenting/ advising on certain deal situations! Thank you, all your constructive comments, they are very helpful!
Now...
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I'm assuming most wholesalers use purchase contracts, but does anyone use a lease options to control the deal and then look for a buyer?