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 (...
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...
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?
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...
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 ...
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...
Regarding nonrefundable deposit on lease option to purchase for a home selling for $375K.
What does the nonrefundable deposit entail?
1) For illustration purposes is it (10K) upfront that the seller gives back to th...
What are the best ways to collect rent on time, what apps, websites, etc? Should I use autopay to automate rental payments, if so, how...
Hi can anyone here forward me to a good company that offers personal umbrella insurance? I have a few rentals in my name and want to protect myself for a million or so.