Jim Jack
Real estate Attorney /Title company
Simple question will you need a real estate attorney to do an ASSIGNMENT of a lease option , example: you find motivated seller and sign a lease with option to purchase and then find a tenant buyer then simply assign ...
Jon K.
Cash out refi vs refi w/ LOC
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...
Ryan Mitchell
Sale of home after a relative's death
My mother in-law needs a mortgage to purchase a home that belonged to a family member that passed away. Our options would be for my wife and I to get a 2nd mortgage (our primary residence is in Indiana) or to co-sign ...
Shelley Alterman
Tenants want to Buy
I am a licensed realtor/property manager. Two of my tenants have expressed an interest in doing a lease option on their homes. The owners have also expressed an interest in doing a lease option with them. I am not s...
Mark Libario
Motivated Seller, need help with possible LO
Hello guys!
I need help with this deal. I have a motivated seller of a house. 4 bedroom/2 baths.
They said they still owe around 130k, paying mortgage, taxes and insurance at around ~1,300$.
Theyre selling the hous...
Hang Chu
Pros and Cons: Small Down Payment and LMPI
Hi,I am a little over a month away from closing on a home (new construction). The house is a "detached condo" so I know that the interest rate may be a little higher because its considered a condo and not a SFR. Ori...
Nilesh Vijaywargi
Multi Family Vs Single F Vs Town Home for a given budget.
Team, I've got 3 options for you. I will try and provide enough information for each and interested in listing to your perspective about what would you do. Budget: 1.5MOption A: Buy a townhome in a decent school distr...
Steve Wolfrey
Small Mixed Use (Retail and Commerical) financing help
Hi - Looking at a Mixed use property (5 apartment units and 2 retail spaces). Looking for my options in terms of financing? Is a commercial loan the only option since there is retail?
Daniel Etheridge
land is going commercial
One of my friends who develops land told me about a shopping center going up. He looked me dead in the eye and said do whatever you need to do to acquire land around that area before it becomes common knowledge. Here ...
Bart Lucas
Rent to own information
I have a house that I am looking to rent long term. The potential renter is asking about possibly renting to own. I have never done this or even looked into it. What problems could I face with this? I am looking at fi...