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So lets say I work a deal for house worth $100,000 and I negotiated the selling price for $45,000. If I listed the deal in the paper (handyman special / investors delight), and an investor calls me...how much of the ...
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Here is my situation: my wife and I have "subject to" lease - option that we purchased from a wholesaler that gives us nearly unlimited time to exercise the option, currently our option to purchase at about 95K. We ha...
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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...
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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...
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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
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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...
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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...
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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...
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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?...