KC Hunt
How to exit lease option with sellers
I am a licensed agent. Before getting my license I acquired a lease option on a home that the sellers were interested in selling but agreed to do a lease option for 3 years. I have rented and managed the home for almo...
Samuel Eastling
Lease Option VS. Contract of Deed, bum, bum, bum!!
Hey guys,I jut read Brandon Turner's nook on investing with no or low money down. What is the difference between a lease option and a contract for deed? I kind of understand how they may be different but not entirel...
Engelo Rumora
Who’s is bigger? Let's talk about your dream deal come true!
Remember that deal that made you pop bottles in Vegas and buy that $13,500 Submariner from the Rolex shop on 5th Ave?Well, I bet you didn’t make more than I did! Check out my DREAM property deal here.So if you like co...
Josh Cohen
Running numbers and the unknown
Regarding "running numbers" on a property.... I'm new at this so bare with me.....
I want to run numbers on numerous properties before pulling the trigger, as an exercise, so I am better prepared when I am ready. Unf...
Ben Skowronek
FHA down payment requirements for lease option
I've heard FHA loans typically require a 3-1/2% down payment. I'm currently in a lease option agreement with my landlord. When I secure an FHA loan, will I need to bring 3-1/2% to the table? Or will the $41,000 paid t...
Hal Cranmer
Are Lease Options a scam to fleece people?
Hi,
I just sent a Ron LeGrand lease option agreement in to my lawyer for review. She came back and equated it to a contract that some furniture rental places use with lousy credit customers who they can charge late ...
Ryan Mertz
OPTION QUESTIONS! NEED HELP ASAP
OK, I AM NOT ASHAMED TO SAY THAT IM NEW TO REAL ESTATE INVESTING. I HAVE DONT NUMEROUS REMODELING JOBS FOR INVESTORS BUT NEVER INVESTED IN PROPERTY MYSELF. I WAS SEARCHING FOR A HOME WHEN I CAME ACROSS A NICE DEAL. I ...
Jess Archives
Can I use an LLC to do business if the property isn't under it?
For example, I want to use the LLC when I do business with property managers, contractors, opening bank accounts, accounting, cash flow, taxes etc; but at the same time the properties for the mentioned transactions ar...
Seamus Harper
Tenant problems - property sale
We've got a tenant who has been on month-to-month at a gas station that we own. He has been month-to-month since July of this year and never exercised his option to renew.
We're in the process of selling the station ...
Demetrius Goodwin
Lease Option on a multifamily unit
I am looking to do lease option on a 3 unit property and I want to live in one of the units. Does anyone have any advice and can this even be done?