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I have a question about how to best help a homeowner and maximize my profits as well. he has to pay 13000 as back payments. He owes 204000 on the house and he would be open to paying me rent with an option. I don't kn...
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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...
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So we are meeting with a potential seller on Tuesday for a house which we're hoping to get under contract subject to the mortgage. Just looking for some input on our evaluation of it to make sure we aren't missing so...
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Hello BP family, I am looking to make an offer on the following property:Condominium 2 bedrooms2 bath1,204 sq ft patio with storage, near pool, wood floors, washer/dryer, fridge includedseller wants $1,850 per month a...
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Hi All
I'm SURE this question has been answered to death, but my searches turned up too much material to wade through. I am purchasing a "pair of houses" for $57,000 and will do some repairs, cash out refi, then leas...
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Hi Everyone my name is Tristan Romero and I am currently living in San Jose CA with my parents paying no rent. My girlfriend and I have saved $30,000 in cash reserves and I could get another $10,000 from borrowing aga...
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So I found a property for roughly 81,000 2 bed 1.5 bath sits on 3 acres. That's the asking price however the closest comps are coming in at around 55,000. These comps do not have 3 acres however. The house needs 30,00...
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I went to look at a property and couldn't get financing through my current bank. I went and explained to the owner what was going on. (The owner flipped the house, if that matters).
Owner emailed back a day or so la...
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I have been working diligently on the assignment of 2 Lease Option agreements for the past 2 months and I have not been very successful finding qualified tenant buyers. I was wondering and wanted feedback from the BP...
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Hi, I am interested in a property. The owner has listed it with an agent. However, he is an absentee owner and I would to propose a lease option. How do I structure this? What do I say, when I get him on the phone? Ca...