I am representing a client with a gas station for sale in CA - the sellers have a potential buyer that they want to do a deal with. It is both the real property and the business that are to be sold. There is one major...
I am a licensed Realtor and am considering starting a lease option business.I have the basic outline of how I want to structure the terms but I'm not sure how limited I am, as I am licensed. The setup is a 2 year leas...
What do you do if the tenant buyer doesn't refinance the home owner out, and how to explain it to the home owner when you're explaining their options?
Chris
Hello bp fam! I have been looking into lease option strategy. I am wondering, How would you go about completing a term, if the property loses value while its under contract? Example; If I place a house under contract...
In these post Dodd Frank days everyone recommends doing a separate option contract to the lease agreement and having neither document reverence the other so as to not imply an installment sale. My question is, if a te...
Greetings. I recently purchased a SFH for a buy-and-hold. I bought the home for about $95000, which is right around FMV. We did get a seller's concession of around $3500 plus almost all closing costs paid for. We're a...
Hi all, Something I’ve been wondering about..So you have a tenant-buyer in your investment property. Both parties have signed separate agreements: a pure lease and a pure option. How do you void their option if you ne...
What do you do when you close a lease option deal in which you collect Lease Option consideration??? Legally do you have to hold it as if it was a deposit or can you use that to go find more investments and invest it?...
I am looking into doing some lease options on properties. Basically I am trying to find people that is interested in doing a lease option and then trying to find them a property.
What all is the person that leases t...
Hey guys,I have gotten mixed reviews on this, so I would like to see BP's thoughts on it. On a lease option, I will have my lease and a separate contract that will give the TB the option to purchase and also disclose ...