Jeffrey Ward
Pre-Existing Option Contract On Rental
How does it work when you buy an investment property where the previous owner had an option to sell contract with the current tenant? Will the consideration payment be paid forward to me and then I am short an option ...
Cara Lethco
My Landlord is offering a purchase option
I am new to investing (we have a fixer upper house and mobile home we just closed on). I own a tattoo business in Knoxville TN, and my landlord just offered to sell me the building and the small 2bd 1ba rental house n...
Tim Ivory
Fix and Flip using and OPTION to buy real estate, possible?
Option - In legal language, a real estate option is an agreement that grants the party owning the option, the optionee, the exclusive, unrestricted, and irrevocable right to purchase property from the party selling th...
Edwin Epperson
St. Petersburg Florida Private Loan with a JV Option!
Investment Info:
Single-family residence private money loan investment.
Purchase price: $40,000
Cash invested: $15,000
Sale price: $159,000
We partnered with an experienced real estate investor (...
Katherine Bremner
Funding Downpayment/Loan options using existing properties
Hi BP Friends!
I’m a new(er) investor in Wisconsin in need of some advice on how best to fund an off-market 8 unit (long-term). Purchase price 700K.
A little about me: W2 job (160K), credit score 800, ~600K in 401K....
Chris Pelletier
Sandwich Lease Option
Has anyone done this? It seems like a great opportunity. I think we may have found a house it will work on. The current owners are open to the idea. They are ready to retire and no longer want to be landlords. Thye...
Oscar Adams
How can I start out with cash in hand, but without income?
Hi folks,
I am an early 30s male from Vancouver, British Columbia, Canada. This is my first post and I'm very happy and proud to be part of such an exciting and inspiring community.
I'm looking to invest in rental r...
Deniz Cengiz
is this a new strategy ??
Hello BP community, I have an idea that may sound for some pretty idiotic / risky / not worth it etc,.. So, I would like to share with you all , hoping experienced or not, everyone comments on this.. Open to all ...
Account Closed
Did I make the right deal?
BP community, Earlier last week, I closed on my first investment property, a duplex for 330k (25% down, conventional loan for 30 yr @ 4.875%). One unit is currently unoccupoed, and the other unit has tenants until the...
Charles Cathey
Multifamily Real Estate
Hi All,Looking and running analysis for my first multifamily deal in Chicago. Should I focus more finding a property that will cash flow positively day one with the COC I’m looking for or get into a property that’s br...