I'm confused.? If I get a home under contract with a seller on a lease option market that property find a buyer to agree to a one year lease option. I charge the buyer let's say a 5k down payment to get in the house...
Ok. Im very confused about how the "option deposit" is credited back to the tenant-buyer. I dont understand how rent credits connect to this.Say a seller wants 100k for a home. I want 3 percent for my fee. So from wha...
the whole process of a subject to. how much money do i need? does it cost a lot of money out of my own pocket?
is there a lot of risk in a "subject to"?
So there is this guy who is new to wholesaling. He is using a contract option so as not to have to actually put each new deal under contract, so he can simply look for buyers, and back out in 30 days if one doesnt buy...
Lease options is the "hottest" REI strategy today in light of the very soft real estate market. There is an abundance of houses for sale in every price range, in every area of any town and there are millions of buyer...
Hi BP, I have a seller who is willing to do a lease option. He, through his realtor, actually brought it to me. I'm wondering how this will benefit me and if it's the best thing to do in my situation. It's a 4-plex th...
Is it customary to include in the Option to Purchase agreement a clause stating that the owner agrees NOT to attempt to sell the property to any other party while the option is in effect?
I have a rental home with approx. $87k remaining on the mortgage (6% rate, 20yr, currently at month 57 of 240). I will be receiving approx. $91,500 tax free; more than enough to pay off the mortgage immediately.
I wa...
What would be the pros and cons of each option? I’ve run into a scenario where a seller wasn’t willing to seller finance, but came back asking if I would consider a lease option instead.
@Steve Vaughan would you be ...
Understanding Seller Finance and how Amortization is applied to the deal.I am in the process in researching and learning as much as I can about seller financing options since I am having a hard time securing a convent...