I use to do many lease options in Texas in the late 90's. Some worked for a while and I still have two paying...but out of probably 30 deals most didn't turn out well in some ways. At least with the option money I had...

So I'm currently studying the lease option strategy and a question popped up. Initially when I get the option on someone's property which is still being paid to the bank, what happens with the mortgage? Is the mortgag...

Hi everyone,What do you think about selling in this format?For example, I own a property that I bought for only 25,000$ (before repairs). I thought of selling it to local potential home owner for about 50k: 5,000$ dow...

There have to be tens of if not hundreds of thousands of lenders in the USA.  I may or may not have taxes available for this.  I'm under contract for the sale of a single family home, doing a 1031 exchange into a mult...

When doing these. Do you tell the owner up front that you are going to assign the lease option to another tenant/buyer? What if they don't feel comfortable with doing business with the person you assigned the con...

When wholesaling a FSBO deal, you have an option agreement with the seller, which basically says that you have the right to purchase the property for an agreed upon amount.

What contract do you use for your end buyer...

I'm looking to wholesale 2 -  6 unit Chicago properties. The owner wants to sell them together. Both properties are C class, vacant and need full rehabs inside about $15-20k per door; kitchen, bath some wall replaced,...

Hello,I read these forums from time to time and have found them to be very helpful. I wanted to pose the following scenario to see if anyone has any thoughts, as I am always interested in hearing multiple angles. My w...

I'm new to REI. I bought my first property in September 2018 using a HELOC. It's doing well. I'm able to rent it out to a government employee for $166 a day. My question, however, concerns my next deal. I approached a...

Hello BP.My personal house has been in forbearance since covid. In March of this year  my mortgage company instructed me that forbearance would soon be ending and I had a few options. 
Option 1. Pay off the entire mo...