Mark Bondurant
Does lease with option to purchase run afoul of Dodd Frank?
I’m currently rehabbing a home in western N Carolina and had planned to lease the home with an option for the renter to purchase. Some in my local REIA advised against it citing Frank Dodd and the mess of foreclosing ...
Alex Locklear
Sandwich Lease Option Process
Can someone please explain the steps involved when doing a sandwich lease option?
Is the contract used to do the lease option with the seller the same one I use with the tenant buyer? Can anyone guide me to where I ...
Ewka Kawecki
Arm loan - Fixed Rate Loan
I have a property under contract (4 units) I'm shopping around for a mortgage and need some advice. Which option will you choose, which one will be cheaper from a long-term perspective? Both options are Credit Unions ...
Lawrence Potts
Purchase/ Refinance/HELOC Options for New Agents
Hey BP Fam,I'm struggling to find financing options to purchase a new primary as a new-ish self-employed borrower (less than 2 years). Has anyone found a solution to find lending? I've found a lot of options for non-o...
Zachary Hadjah
Any investors using Lease options/Rent to own agreements?
Within the next few months, I'll be purchasing single family house to move into and live in for 1 - 2 years to pay down as much equity as possible. After getting a good amount of equity in the house for future HELOC f...
Brandon Turner
Lease options illegal?
Hi there, I recently heard from an investor that the courts are beginning to crack down significantly on Lease Option and Rent to Own programs when a "rent credit" is involved. It had something to do with the tenant n...
Jerrold Stallworth
Contract Sales vs. Lease Options. Which is better?
Good morning all,
A local experienced investor recorded a seminar where he vigorously asserts that a Contract Sale are a much less risky and more fairer to both TB and Seller than Lease Options (he states t...
Marilyn Bump
Lease Option
I have a rental home and my renter wants to purchase it. I don't believe, with the market the way it is, that the home will appraise for what I owe on it. My renter has mentioned doing a lease option and I am not op...
Tom Tran
How do you evaluate interest rate to determine if the deal is worthy?
Hi guys,I am currently evaluating a refinance with a blanket/portfolio loan to cash out for a purchase of a 13 units...I exploring both avenues for loan; 1) conventional loan via WF which quoted around 4.75-5.25% or 2...
Brian Campbell
Sandwich Lease Option Objections
I'm not sure how to respond to potentials sellers when talking w/ them about how I can help them w/ a lease option when they ask if they will be able to get another loan to buy a different property? Obviously, the cur...