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I am stuck at a bit of a stand still and need to mentally push through this issue. Sorry If my question is a little scatter brained.
What is the basic step by step process of a Lease option?
When I get the contract...
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Suppose you find a seller willing to do a lease option but not interested in dealing with the house at all? How would you structure that as far as maintenance and repairs? As you as the sub lessor paying for all repai...
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So are least options still a thing in Texas?
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I'm not totally clear on this concept. I'm already in a 15 year mortgage on my townhouse and would like to roll into a house hack. From what I understand, I could not use an FHA loan to go into a duplex since I alread...
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Hello all, I'm going to make an offer on a property. I would like to give the seller a few different options. Obviously I know how to offer cash. But how would you offer say $70,000 on a 30 year notes at 3% APR?
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Should I do a HELOC that has a fixed low rate (5.875%) that doesnt have an option for interest only payments, or a Variable rate HELOC (prime 8%) that has an interest only payment option...i would like to use the fund...
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Here is what I think I know a Lease Option is so far; looking for advice on what I have wrong, if not the entire thing:
Say a man is selling a $165,000 home for the mortgage balance of $150,000 to avoid foreclosure. ...
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Good afternoon,I am weighing my options for a condo I have.Recent appraisal (Mar 2023): $232kCurrent Mortgage: $67kHELOC: Max is $100k; will have about $65k usedI am looking to cash out refinance this condo to invest ...
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Hi BP, I have a seller who is willing to do a lease option. He, through his realtor, actually brought it to me. I'm wondering how this will benefit me and if it's the best thing to do in my situation. It's a 4-plex th...
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I am looking to purchase my first rental property. Love the idea of house-hacking and the ability to use FHA loan. However, my area of CT has minimal options for multi-family homes. I am at a point where living with r...