Tina Marie
Assigning Lease Options
When assigning a Lease Option I would:Letter of intentLease agreementOption to purchase agreementBetween seller and I, then:Assign to end buyerCollect option fee and step out of deal. Since it is not considered down p...
Brad B.
Interest Rate Question
So this isn't really a REI related question, but more of a general investment question. I'm open to anyone's thoughts, ideas, or advice.
I am in the process of doing a loan for approximately $65k. It will be paid b...
Tom J.
financing when you are asset rich, but cash flow poor?
Hi All,I am planning to buy several real estate properties. I have enough cash to buy them, but I have a bit of a unique situation. I have seven figures in wealth (cash and equities), but I have made my businesses s...
Perry K.
Looking for corporate line of credit
Hi BP,
This is my first post on the website so a little background information... I am a Canadian Citizen that is investing in real estate in the USA. I am building a portfolio of vacation rental properties, primaril...
Jordan Mummau
LOC Crushes Credit Score... Other Options?
BP Community,
Looking for some help on this topic. I'm currently winding down a flip that I have $100K+ into holding on a personal line. I just went under contract on a Duplex (Cash Buy) and scheduled to close by end...
Juliet Banks
Subject to Attorney
it seem impossible to find an attorney here in raleigh nc that will work on these type of deals
Nathan Hill
Rate of 7.5% with 2.5 points by me and 2 by the seller is this normal
Afternoon All,Im going for my first investment property a Duplex <100k . I have 25% to put down a great debt to income ratio A credit score >640 I've just been applied for a mortgage and been told its 7.5% with ...
Account Closed
How to turn down a tenant with bad rental history?
So, I was listening to the BP podcast and the subject of how to do background checks on your renters came up. I was wondering, how exactly would or should you turn down a tenant that has bad rental history so to avoid...
Brandon Shaw
Historic Tax Credit Investing
I was wondering if anyone has any experience with rehabbing historic homes using tax credits and understood the process. I'm considering properties in the Norfolk and Portsmouth areas of Virginia where there are a lo...
Greg Rutkowski
Utilizing a Lease Option to buy as an Investor
Alright,I have a challenge for everyone. I'm not sure if anyone has read "The Real Book of Real Estate" by the Rich Dad Team but they reference using a lease option as being an investing method to purchase a property....