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Fifth… Where to go for Financing.
You’ve researched and decided that you’re ready to purchase your new lot. If you are buying through a land developer or broker many times they will have purchasing options in ...
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I'm about to refinance out of a HML on a BRRRR deal and am weighing two options. I'm hoping to solicit opinions on the pros/cons of each. Option 1 is to do a cash out refi for 75%. Option 2 is to refinance just to pay...
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Does anyone have a good handle on the difference between a lease/option and a lease/purchase. It is my understanding that they are very similar except that under the lease/purchase, the "buyer" is guaranteeing a cert...
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I'm analyzing a retail building that has a NNN tenant that represents 59% of rental revenue (7,500 out of 15,000 sq ft). This tenant has a 5 year lease with four 5 year options to extend the lease by another 5 years (...
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I want to buy an investment property but I currently have two mortgages that I pay (for my primary and second homes). I have equities of about $500,000 from both. What possible financing options do I have? Any ideas o...
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Hi BP! What type of loan should I get for my first deal? I have enough to support the rehab just not enough to buy the house too. Any suggestions or referrals?
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Hi BP!I have a tenant interested in purchasing the house we currently rent to him and we are ready to sell. He still needs time to build his credit until he will be eligible for financing.Q#1: If I get a signed option...
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I understand the principle of a lease-option deal, but just finished a book that suggested using a lease-option on both sides of the transaction. In other words, lease a home (no money down) with an option to buy, the...
Hi. First, I want to thank the creators of BP for this wonderful site. I've been briefly following along and am eager to get started investing in real estate.My question is for any experienced investor who does lease ...
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I'm having trouble finding information on the different ways you can close a lease option sandwich deal when the buyer is ready to buy.I talked to an attorney, and he said that i would need to assign the option that i...