Account Closed
Lease option seller wants OUT! Advice needed..
Ok I am a full time wholesaler, Seller wants OUT! tenants are not paying since Feb 1st. Owner wants me to take care of the problem :) .. Anyways how do I handle this? tenants want 15k to move out, owner said that he w...
Brandon Pearsons
What sort of renter is better?
I posted a similar topic, but I provided too much information. I hope this one gets more posts...
Option 1 - Longer term tenant medium wear on the property, possible flooring repair -pets and kids ( estimate 2-? yea...
Mitchell Hein
New AC unit
I just received a quote from my AC company, these are the two options we received:
Option #1: For a 2-stage Rheem heat pump system the total price will be $8,340.00.
Option #2: For a single stage Tempstar heat pump ...
Justin Howe
How to Structure and Propose Lease Option to Seller
Hello BP,I found a seller who wants to sell her home because she's having a difficult time maintaining the property by herself and making the mortgage payment. She's owned the house for 10+ years and has equity. When ...
Anthony Angotti
Got the bug. Bought a duplex. Need some life advice.
Too long didn't read summary: Is time or money more important when starting out. Read below for details.Well I'm a week away from buying my first duplex in Pittsburgh to house hack (live in one side and rent the other...
Terry Royce
Purchasing w/an Option
If you have an option with a seller that you are trying to wholesale, can't your end buyer cut you out of the deal pretty easily? From what I have read and heard the seller can still actively market the property to o...
Shawn Connors
Question about lease option
Hey BP,I am trying to completely understand how the lease option works. Hypothetical situation :Seller owes 50k on a house, ARV is 110k. I come in an offer a lease option and they accept. Terms of the deal are 5 ye...
Samuel Eastling
Lease Option VS. Contract of Deed, bum, bum, bum!!
Hey guys,I jut read Brandon Turner's nook on investing with no or low money down. What is the difference between a lease option and a contract for deed? I kind of understand how they may be different but not entirel...
Troy Michaels
Owner finance problem
Ok, this is whats happening. I got a owner to agree to owner finance a property, in which i want to immediately rent out to a section 8 tenant. Everything was going smooth, we agreed on a 110,000 sell price with 10,00...
Adam R.
Structure of MHP lease option
I’m considering an offer on a MHP. I’m leaning towards a lease option and looking for ideas on how to structure an offer. Owner is very concerned about tax implications and firm on price. Here is what I’m thinking:
W...