The notes I have on MLO say to "get the owner to lease their entire building for usually 5 years, for no more that the current NOI, income - expenses. Set up an option to buy at current or below current value.Then exe...
I have a listing agent who has a client that is interested in doing a deal with me involving an assignable lease option. He is asking how he should get paid, but I am not aware of the typical agent compensation for th...
While we're all undoubtedly ready to get back into action with our real estate investing, I thought it would be a fun exercise to reach out to the BP Community and gather some thoughts. We all have different investme...
Hello everyone, I live in California and need help with a lease option. I will have a lease option, purchase agreement, and standard lease. The lease option is for 2 years. My question is: can I execute this lease opt...
My husband I are considering a lease to own agreement instead of just renting the SFR for another year. I am trying to find out the concerns or liabilities that the owner has with this. Any help would be greatly appre...
Hi BP community,I am toying with the idea of starting a new early morning routine where I wake up early to exercise, cook, and do RE-related activities before work. I'm curious if any other community members do this, ...
Can a TB purchase the home before the end of their lease option term if they are able to?
First, I've heard and read different answers on whether or not sandwich lease options for single family residential properties are legal. Can anyone give me a solid answer? I've tried reading the law, and I'm no lawye...
I'm nearing a close on a HELOC. The CU says in their documentation that they have the discretion to charge me closing costs if I terminate the LOC before 36 months has passed. Is that a common stipulation by lenders o...
What type of characteristics do you look for when searching for a "farm" area for your flipping business? What kind of criteria do you use? Or do you find the deals first and then research the area? I work in an area ...