Cordarius Smith
Beginning with no funds i need advice
This is something i want to do but i have no funds how would i start with no funds
Leather Nix
Funding Options for a Single Family Home
First of all, this site is a wealth of information and I'm really impressed with how helpful everyone is.Now to the question: I've found a property and negotiated a deal. Paying $55k for a house valued at $75k. No wor...
Kyle A.
Cash purchase - then Finance
Quick question that I can't seem to find a lot of information on: What are the best options for financing a house that you paid cash for?It's a hot market right now and to make my offer more attractive I'm considering...
Ruben A Ventocilla
Modesto / Salida Single Family Rental Property Rent To Own
Hello everyone,Just to provide some background, I have purchased a single family home in the city of Salida last month. A potential tenant was wondering if I would be open to do a lease with an option to purchase. Th...
Justin Zoeller
Help buying my second property
Hi all! I have a tough situation I would really appreciate some help on. Heres the situation in a quick paragraph:
I house hacked my first single family home 8 years ago. 1 year ago I moved out of it and into a large...
Teresia Sayler
tax treatment for lease option income
What is the tax treatment for the different income streams from Lease Options? Is the Option fee self employment income (business income) when rec'd by a "future potential buyer"? Can the monthly income be "rental i...
Rob Stein
Lease Option, Taking Over Property With Existing Tenant
Thank you for reading! Received a call from a direct mail letter, for a couple who lives in TN, owns a house in NJ that has been occupied by the same tenant for years. Everything is in good condition, they just don't ...
Alfredo Burgos
Can I owner finance if I do not own the house?
Hello BP community. I have a question. I have a vacant house (tenants just left in the past month) with a loan on it. I would like to sell the house more creatively. Can I owner-finance the house to someone if I still...
Sam Schrimsher
Please Review My Lease Option Plan
I recently closed on a home with a swimming pool in Rochester. I'm going to be into it about 97k (paid 80k, but with closing costs, and selling cost down the road, and the repairs I should be into it about 97k). At 97...
Juliet Banks
lease option
when a tenant buyer comes along and say give you a $10,000 deposit for a property that you're lease optioning to them, what happens to the deposit, some people say it is yours it is nonrefundable, but does'nt the end...