I received a call from a motivated home owner who has a house in NC. They have been trying to sell for five years and had it listed with two different real estate agents. They had it under contract at one time and t...
BP Community,I could really use some advice on the best course of action for my personal home.My wife and I are in the process of refinancing our house with the goal of obtaining a conventional loan and avoiding payin...
First post here, not really sure what is acceptable or not so just going to write out my scenario. Basically about to make my first home purchase and do a house hack but there's two options and I would appreciate advi...
Good evening, BP Faithful. I may have a deal (my first). I spoke with a seller who has a house for sale (asking price $80,000) who is also willing to do a lease purchase (12 months at $900) per month. Out of the...
Getting ready to buy a multifamily - loan will have a prepayment penalty - bank has offer me two options: 1- declining term option (5%, 4%, 3%, 2%, 1%, 0%). 2- treasury yield (basically it takes the rate you lock in ...
I'm trying to figure out what the best feasible path to take is?Option A: I'm trying to figure out if it's feasible to rent my current home, pull out the equity, and use the cash for a down payment on a new home. Opti...
I recently got married and upon the final details found out that my spouse's condo was behind on payments because she had accidentally let the insurance lapse and a pipe burst.I was just beginning my real estate/renta...
Hey BP, I made an offer on a SFR potential rental property for $104K in my offer I suggested $100 option fee for 10 days and $1000 earnest money. They countered back with same price $104K but wanted $3500 earnest mone...
i am having trouble finding an investor friendly attorney in so cal thats familiar with lease options. also, if you work with an attorney and want a third party to take payments escrow , can you do it through the atto...
I keep hearing all this crap... So will I or Will I not be able to do lease options and subject 2s with the DOD frank laws changing?