Carey Harris
Making Money with Lease Options and Straight Options
Lease options are an excellent way to go. You can control staggering amounts of property, and not have your name on one single mortgage. It’s funny. If I look back at all my deals in the past, it’s the ones I own...
James Denon
Being a lender to a friend
My friend is buying a condo in Cape Cod MA. It is a bank owned propertyThe pipes are damaged and there is a risk of flooding if the water is turned on. The bank would not let them turn on the water because of this ris...
Travis C.
Cash out refi Decision points
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...
Jast Collum
Decisions decisions decisions…..please help.
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...
Ryan Deasy
What's your experience with lease option placement companies?
Hi! I have a single family house in Texas I am looking to sell. I have been approached by several lease option companies. they have a network of buyers that they place into homes and take a fee from them to do so. the...
Daniel M.
Seeking Insights: Choosing the Best Mortgage Option for an Investment Property
Hello, BiggerPockets community!
I'm evaluating three mortgage options for an investment property and could use your expertise. I'm trying to determine the best fit for my situation and would greatly appreciate insigh...
Miguel G.
Rent-to-own advice
I'm trying to sell a property with options. The property price is $60,000. I want to collect $10,000 as downpayment for the option and $900 dollars in monthly rent. I will apply $400 out of the rent towards the downpa...
Bang Tran
Is this legit?
Hello.
I have a house listed fsbo and was contacted by some one that sent me this
"Thank you for speaking with me regarding the property located at S. 42nd St. After researching the property, I am interested in mak...
Floyd T.
How do I sell a Pre-foreclosure
Happy Friday my fellow BP'ers. I'm hoping someone can answer this question for me and help guide me in the right direction. Let's say I get a Pre-foreclosure under a lease option contract. I want to retai it for Ma...
Michael Baradell
Lease Option - Option Fee
Hey BP!! I am in the early stages of setting up a lease option on a property that I own. Here is my question In regards to the option fee: I will be using an escrow company to set up and manage the lease option for th...