Spoke to motivated seller and we agreed to 170000 at 1600 a month and I'm going to be assigning the deal so I'll be looking to make around 7k and step out of the deal. The motivated seller called his lender and the le...
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I have been renting houses for the past couple of years, and my wife and I have worked our way up to 10 rental units at this point. I have recently been mulling over a rent to own (lease option) strategy that I would...
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With historically high rates of default on home mortgages lenders are facing many more foreclosures than they have in the past. This allows for short sale investors and pre-foreclosure specialists to thrive in the cur...
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Hi All! Looking for some insight in a unique situation I've been presented with. Which do you like:Option 1: Purchase a $210,000 (tax value) home needing a $60k renovation in a great neighborhood w/ conventional 30-ye...
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I have a property in Sacramento I am looking for ideas on how to handle the owners situationOwner purchased and developed a lot of 6 homes, lives in one, sold the others, lease optioned one of them right next to his h...
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from a buyer's standpoint, has anyone dealt with a seller that offered you a lease option and you turned around and purchased the property and benefitted from the equity?not talking about sandwich deals, or rented the...
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Hello, I Have a question and what better place to come than here, where there is alot of professionals that has been doing this longer than me. This would be my 1st deal and Not sure if it will be the correct way to g...
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Scenario:
Purchasing primary residence with the intent to flip/hold & rent(still ..researching)~40k cash for investment purposes(rehabbing, etc)Portfolio loan option 1: 24 year 3.99% fixed, no dp, no pmiPortfoli...
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Simple question...For those people that get internet leads that aren't deals but the person has some level of motivation...how sort of follow up marketing do you do to these leads? Assuming you get a phone number, a ...
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Hello BP, is it possible to do a lease option to buy on a single family home when you still hold a mortgage on the property? thanks