Jessica Hanchey
Lease option deal - need advice if this is a sound deal?
My husband and I have the opportunity to work out the following lease option on a house we are interested in. Because we are looking to save up $ for a large downpayment before we buy our next house, we are going the ...
Brendan Griffin
Need help structuring this deal
Hello BP Community. I have enjoyed this site for months and this is my first post. I have a house in my LLC that was paid cash. I have owned it for 8 months and the listing just expired with no sale. I was contact...
Jeff Andrews
Need some advice with a Contingency Sale
Hi Everyone, my name is Jeff and I live in Bend, OR. We have a small 2-Bedroom Cottage that is super cute and also in a very desirable neighborhood in the NW side of town. I'd love any advice/ feedback. We have a 4...
Keith W.
Exit Strategy for Lease Option Buyer
This is a 30 thousand feet overview of the process. Correct me if I"m wrong, then a couple questions at the end. Motivated Seller has a property in pre-foreclosureWe set up a Subject 2 agreement with the sellerWe pay...
Jason Reynolds
Rent-to-own Help!
I am beside myself trying to figure out what documents do I need to have for a rent to own agreement. I talked to a lawyer but he didn't seem to want to talk about what I needed. The first thing he said was "I don't t...
Geoffrey Jones
70% ARV Leaseback Option to buy agreement in Whiteplains, NY
Guys I have a really slamming deal near NYC. Property is worth 850000+. Owner wants to do a lease back agreement and will pay the lease upfront for 3 years with proceeds of sale. $136800 cash at closing! I am selling ...
Brian Ellis
Seller financing vs. lease option - what’s the difference?
What would be the pros and cons of each option? I’ve run into a scenario where a seller wasn’t willing to seller finance, but came back asking if I would consider a lease option instead.
@Steve Vaughan would you be ...
Michael Nathanson
First Lease Option Deal, importance of tenant screening?
Hi BP,I am about to close on my first deal beyond my primary residence which will be converted into a rental next year. This new deal is an off market deal I found on craigslist and was able to negotiate down to a pri...
Jack Forester
Why I'll never offer a lease with option to buy again.
As a homeowner trying to sell his house (before I got into rentals) in 2011, I agreed to a lease purchase option. We agreed that $500 of the rent would go into an account to be used or a down payment, if they bought t...
Christopher Sparacino
How do these Creative Financing Strategies work?
Okay so I bought a book lease options and subject to deals, I am reading it but I have some questions. And I know this is kind of a broad and open ended question, but maybe someone can politely enlighten me, how do le...