Noa Zell
Bringing in a developer/investor to exercise a purchase option
I have an option to purchase a plot of land in Los Angeles at an attractive price but I do not have the funds to exercise it. The land is currently zoned for light industrial use and is occupied by several auto repair...
Pepper Bradford
My "deal a day" exercise is turning into a potential deal
I've been trying to analyze a "deal a day" for the last few weeks to gain some experience (in truth it's been more like 3 a week) One of them has really turned into an interesting case. I've gotten a lot of numbers on...
Robert Durden
Thought exercise! House hack in the next great outdoor city/town?
Hi all, recently settling into my first property (a
house hack in Washington, DC proper - got a steal of a deal!) and am toying
with a thought exercise. I am setting my sites on my next primary residence
house hack...
Jacob Glawson
Anybody ever had a bank exercise the "Due on Sale" clause?
Anyone run into this when transferring title from your personal name to your LLC? I know it is possible but wondering if banks actually exercise this option as I see a number of BP members mention transferring the ti...
Antonio Bodley
The middleman in the sandwich lease options
How does the middleman (investor) exit out of the sandwich lease option once the investor finds an end buyer to close on the original purchase price between investor and seller? Would the investor have to use an assig...
Bill H
option contract question
Does the below mean the seller keeps the option deposit or would I get the option deposit back at closing?? Apologies if this is a stupid question. :)
The SELLER, in consideration...
Ryan Frank
CANT FIND THE EPISODE - Guest suggests couple exercise for goals and gratitude list
Hi All - This is a funny request but my fiancé and I recently did an exercise together where we wrote down 10 things we are grateful for, 5 goals of ours for the next two years, and 5 goals of ours for the next five y...
Teresia Sayler
tax treatment for lease option income
What is the tax treatment for the different income streams from Lease Options? Is the Option fee self employment income (business income) when rec'd by a "future potential buyer"? Can the monthly income be "rental i...
NA Jones
Tax implications of selling stock to buy property
Hello! I apologize in advance if I'm not using the right lingo for my question.. still new at this :)I'm trying to figure out the tax implications of cashing out stock and using it to buy property. Even though we'v...
Account Closed
Ok..Example
Say i have the option to buy a house. so i market that house and find a buyer for it. Once i've met with the buyer and we negotiated on a price. What do i do
Do i get the original seller to sign something
what do the...