I just brought a town house hard money. My exit strategy is to refi after 9 to 18 monthsI was told it was wise to have more than one exit strategy. My question is: what are options do I have?
I have seen several guys will make an offer that really has 4 options. Option one is low cash price. Option two is seller carrying a note at a higher price. Option 3 is a counter. Option 4 is a rejection. I am curious...
Option 1 – Regular Saving/ No new action
Save approximately $7,000 per month. To reach the same $90,000 would take almost 13 months of savings.
Option 2 – Cash out / Buy quickly if something is found
Cash flow incr...
Hello,
Is anyone doing rent to owns on the houses they are buying on a large scale? And if so, what is your positive cash flow on average?
Are you giving them a 30 year lease to own term (without giving them title u...
My wife and I were working on getting pre-approved for a loan on a fixer upper house to "househack". During the process, I got layed off from my job as an apprentice electrician in the union. Until I get back to work,...
Hello All,I have a home that we are ready to sell, due to ROI and life.Home Value is $225KMortgage is $93KRent is $1100Area rent ave is $1100-$1250Things to consider-Current tenants have been excellent renters for the...
Assuming the same purchase price and property condition, would you prefer Option A or Option B when buying a Quad-Plex in the Huntsville/North Alabama market. If you can ad some details as to why you prefer one option...
So I'm about to setup my first sandwich lease option and I'm reading through the paperwork that the seller/optionor/lessor will sign and I was wondering if you could help me read the legaleze. There's a few clauses t...
I am from Kirkland, WA and very excited that I and am in the final stages of securing a favorable Lease to Own agreement with my current Landlord. We have come to terms with the purchase price, length of lease, month...
Hello, my name is Katina Stewart and I'm new to the Bigger Pockets forum. I currently have two financing options and I'm struggling to decide on which to take.My plan is to purchase a few homes to flip and to later p...