Daniel Lipetzky
Input on first deal! Subject to -> 'rent to own'
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...
Robert Hidrogo
I want to make an offer but don't want to seem unreasonable
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...
Kenneth LaVoie
Lease option clauses, etc.
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...
Tristan Romero
Making First Investment Decision
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...
Matthew Fragassi
Lease with option to purchase
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...
Kitta Coleman
To Wholesale, or Owner Finance or Forget It?
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...
Robert Burns
Lease Option Market Update
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...
Mike Thoms
Option Question
Let's say you got a wholesale lease option deal going. You and the seller have agreed on a price of 100K. You have a lease/option contract signed with the seller and your intentions are to sign another lease option wi...
Chaz Martinez
How do you propose a lease option to an owner. Can someone help?
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...
Rob Stein
Lease Option, Taking Over Property With Existing Tenant
Thank you for reading! Received a call from a direct mail letter, for a couple who lives in TN, owns a house in NJ that has been occupied by the same tenant for years. Everything is in good condition, they just don't ...