J G
Can you use a lease option on a preforclosed home?
I was wondering if you can use a lease option on a pre-foreclosed home. Like offer the to take over the mortgage payments from the seller. Is this legal?
Brad W.
Does the Realtor have any recourse ?
I have an coop lease option agreement with a motivated seller but he is still in a contract with a Realtor. Its a beautiful condo on the water and i would love start marketing this thing to tenant buyers, but his cont...
Abram Calhoun
Reverse mortgage! Should I wait until they take the property back
I have a seller but it has a reverse mortgage and the seller wants me to pay the reverse mortgage and take possession of the property. I was wondering is that a good idea or just wait until the reverse mortgage compan...
Jorge Rivera
Ower financing Vs Lease Option
Dear BP,Could someone explain the difference between Owner Financing and Lease Option, Or is it the same thing? Thanks in advance.
David Rivera
Lease option contingent on landlord's death
I am exploring entering into a lease option on a prospective home in a desirable school district. The landlord is 80 years old, regards my family as low-maintenance long-term tenants, and wants to retain control of t...
Nathanael Cotterell
Sample Rent to own Agreements
Hello ,
I rent out properties in Florida.
I'm wondering if anyone in BP has any sample Rent to own agreements thy a Pre filled out.
I'm thinking about doing a rent to own now and need some help.
Note: I also he...
Brian J Allen
The Value of Rooming Houses: An Affordable Housing Option
Antonia Noori Farzan recently wrote a wonderful article in the Providence Journal about rooming houses. Though my real estate business focuses on multifamily housing, this topic resonates deeply with me.
I remember...
Robert Perea-Martinez
"Dealer" classification while doing Lease Option Assignments?
Hey all, quick question. When doing lease option assignments or when assigning subject-to contracts, are those situations in which you'd have to worry about the "dealer" classification tax-wise? I know it can be a com...
Sebastian Kressley
Financing Options 2/2 Duplex #2
Morning BP Nation!Looking to get into my second Multi-family house hack. I have two options here I was wondering what y’all’s opinions were on these situations. Normal Rent: $1,400/monthShort Term Rent: $2,800+/monthO...
William Merone
Skip Tracing Sources
Hey BP,I am currently using TLO to skip trace my data. TLO gets very expensive at a dollar a pop, I was using it because I was under the impression it was the most reliable and up to date information. I am wondering...