Patrick Shep
Lease Purchase and Tax deduction
I've been proposed with a "Lease purchase" deal. Owner would lease to me $300/month and then at 4 years there will be a balloon payment due. I would be responsible for all expenses (taxes, insurance, etc). Does anyone...
Lance Mundo
Help please - help me get creative
I’m preparing to make an offer on a home that is currently under mortgage by the owner. He is selling FSBO. My idea was to get creative with the financing, and offer him several options for the deal. I’m pre-approved ...
Philip L.
Rent To Own - Do I need a new contract in place?
In May 2019 I did my first RTO and everything has been going just fine.Yesterday I got a call from one of the tenants saying she is moving out and the second tenant is wanting to stay, I am now wondering if I need to ...
Paul Koretsky
Seeking Feedback
I posing this question to get feedback on which route I should go. I have options for deals in the upcoming year. I should first tell you where I am at with investing. I currently own a single family rental and triple...
Brandon Fierra
Assigning Lease - Who pays broker commission, Landlord, Assignor?
Hello,I am on the landlord side of a retail strip center in Los Angeles, CA. We have a small market tenant with 3 years remaining on the original term plus 1 option of 5 years. The option is personal to the market ten...
Dan Miller
Real estate agent commission when wholesaling
In a wholesale deal where I assign the contract to a buyer, how does my real estate agent, who may have helped me identify the property in the first place, get paid? Do I pay him/her directly? Does the seller still ...
Benjamin Haberman
2nd BRRRR in New Jersey
BP community,Just received appraisal back on my 2nd Brrrr. House appraised for $150,000. We are all in for $60,000. Simple question. What would you do? A or B?A. Cash out refi my all in cost ($60,000) and cash flow mo...
Preeti Madan
Investment with 150k CAD in Toronto MSA Area
i recently got Permanent residency in Canada and my household income is 166k CAD (mine 85k CAD and spouse 81k CAD per annul). Currently i am staying in basement rental(1700 CAD) with my husband. CIBC bank pre-approved...
James Newkirk
Re-fiance or Sell current property
I am a military member being re-assigned from California to Virginia. My current home was built in 2006, I have lived here for 3 years now and have not had to replace a thing maintenance wise. My house here in CA is ...
Dipo Aromire
New deal opportunity - Paterson, NJ
My goal is to flip this to a wholesaler if I can.
Property owner reached out to me off one of my signs.
Property Details: 3bd/2a, in a good neighborhood
Asking Price: $115K
Recent Comps are ...