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Hello I was wondering if somebody could possibly give me a real life example or examples you've done yourself of a lease Option deal and a seller finance deal. Like down payment you put down, sellers asking price, act...
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Is owner finance/ seller finance synonymous with lease option? The two seem similar to me
Lease option - allows the tenant the option to purchase the home
Owner finance- owner is the bank, sells home to the buyer
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Hi all. I have 1 SFR and I want to purchase another. I want to know what is the best way to finance the second one without using any of my personal funds.I do have 60,000 in equity in my first rental so a HELOC is pos...
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Hello!I am looking at creative ways into getting my first real estate deal.I found a duplex that is offering seller financing and the whole place is gutted basically, other than the walls. So it needs new kitchens, ba...
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Say I I owner finance a property, would I still be able to use my VA Loan or FHA loan for another property? or will lenders consider it debt? Will they say I am not a first time home buyer?
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Context: I currently manage 10 units. Out of those 10 I own one, a single family home. I just purchased this house this July which drained most of my savings as we did a conventional 25% down. The other 9 units I subl...
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I am looking at a $1.5M property in OR to purchase as a 2nd/Vacation home. It is in a very hot market, and they will most likely get cash offers. My first preference would be to purchase with a 10% down vacation hom...
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I have an opportunity in Missouri to buy five homes but must be sold together it's a block. I'm going to be moving to this town what's my options could I do primary residence or second home and live in one for the one...
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I have the opportunity to buy three properties to close but I can't put 20% down. I posted in a Facebook forum inquiring about other funding options. Then out of state lender contacted me and offered the following ter...
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Hey everyone,I'll get right to it...I have never done a lease option deal before, but have a fairly good understanding of the general concept. My first potential deal seems to be in the works right now as far as getti...