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Hello BP community,
I am close to finishing the rehab on my first rental property and looking to refinance soon. Does anyone have any good DSCR lender recommendations? The property is located in Houston.
A lender t...
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I have started letting friends and family know about our interest in real estate investing. A friend saw our sign about buying houses for cash and asked if we wanted to buy their house. They said they were really upsi...
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I had a meeting with my attorney today I wanted to have some contracts draw up for lease option assignments. He told me without being a realtor it could be risky. Is anyone in Massachusetts using lease option assignme...
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Background, I'm 29 and relatively new to investing. I recently did a live in flip on my primary and cash out refinanced to fund my future long term investment properties. I was able to pull approx. 70k cash out to use...
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I haven't structured a lease-to-own deal before and have a couple of properties we've fixed up and want to sell this way, vs. listing as regular sales. I want the deals to be fair but desirable for the sellers/landlor...
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I have a property that I'm looking at doing a lease option with. My question involves the monthly rent credit.
Monthly rent = $575
Rent credit = $150
Total monthly payment = $725
Agreed sales price = $62000
Initial ...
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I have a triplex under contract that needs a lot of renovation, about $90k. The lender basically says I need to have these renovations done before I can get a loan based on the appraisal. The way I see it is I have a ...
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So I bought a property in 2018 from the foreclosure auction in Louisville at the courthouse.The house was still occupied by the original owner. When I went to talk to him he didnt believe I had bought it and thought t...
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I have been renting houses for the past couple of years, and my wife and I have worked our way up to 10 rental units at this point. I have recently been mulling over a rent to own (lease option) strategy that I would...
I recently watch a youtube video by Kris Krohn about rentals vs lease option (rent 2 own). Some things he mentioned where lease options are better than rentals.- charge higher monthly rent - tenants tend to trash the ...