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I've hear that Lease Options is an issue in Texas? I am moving out to Austin next summer due to work and was hoping to find a property to rent but also see if the property owner would offer an option to buy. Is this...
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Hi BP family,I have been wondering; if I have a house and I get refinance with a bank at 80%, can I then sell the house to someone else with seller financing? In my head the refinance is just a loan with property as ...
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I am currently looking to purchase my first two rental properties. Ideally I would like to purchase one single family and one multifamily. My question for this post is about the financing of those properties. Fr...
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I own rental homes in Kansas and Missouri. $800 is what I pay in Kansas for property insurance a 3 or 4 bedroom with 2 or 2.5 baths home around 1500 square feet . These are nice solid A neighborhoods.In Missouri, a 1,...
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Long story short, really struggling to close on this property in Connecticut. I'm pretty sure that most things that could come up, HAVE come up, or will be coming up soon. LOL.Here it is: Seller and I agreed to purcha...
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I have a nice townhome in a great neighborhood (Waconia, MN) that I am struggling to rent. Typically, I can rent my townhomes with in a few weeks, but the interest is very low right now. The listing currently has th...
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LP gets first 7% of returns as pref-From 7-12% split is 50/50 LP/GP-From 12-17% split is 25/75 in GP favor-From 17%+ split is 10/90 in GP favorThat means that if the investment did 30% irr pre-distribution that the LP...
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Hey guys. Trying to iron our the details of "subject to mortgage" deals and finding little examples out there that actually walk through the numbers. So I made up a real example from my current market and I'd love t...
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A good friend has recently contacted me in regards to a primary residence that his parents own in Fremont, Indiana (not too far from Fort Wayne).The property is a bit of a strange cookie. It's very large (multiple str...
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Hello all!Quick question! I am newer than brand new in real estate investing. Actually, I have not even dove in yet. The reason...?My wife and I are trying to secure our personal and permanent residence first (And I a...