Hello BPers!I have a property in Charles county MD under contract, which the numbers work really well. Purchase price is $51,500. ARV is $230,000+. Rehab estimate is about $70,000. HML loan at 3 points and 13%. I am d...
Hello BP Community! I took a brief hiatus from my investing in order prepare for my wedding coming up in a month. Everything is finally in order and now I want to run at least 1 campaign before the big day to get th...
Forgive me if this is already something that has been discussed here. I'm diving in with this post before reading any threads.I've come across a lease option opportunity and I want to make sure I have the right contr...
Hello BP,I have been wanting to ask this questions for about a year now, and have finally built up the guts to get some help on this topic. Hoping the BP communicate can provide the insight and guidance I have been ye...
Hey guys I am new to this. I currently have a property rented for $1700/month. I am looking to sell the property and was considering a lease option. The P&I and taxes run $1516/month. Can someone help me create...
Hello BP Community,I need some advice on how to you determine on the asking price with the seller. Is the ARV of the house is what I need to offer to the seller? Here are the details of the offer:The propertyLease op...
I have a property in St. Louis that we just completed renovations on and am looking to place a lease-option tenant buyer there. I've done a couple lease options here in WA state and am familiar with the process and t...
I'm considering doing a cash out refi to free up some capital to invest in other properties. Current loan offer is 75% LTV at 3.875% with $275 lender fee but paying 3 points. Condo location is in Phoenix Metro areaCon...
I just talked to a seller who's asking price is a little higher than what we want to get it under contract for. So he's allowing me to market the property at his asking price to see if anyone will buy. Does anyone...
I entered into a lease option in September 2012. The seller and I agreed to a 3 year plan. The contract was written for 240K with a 3 year deposit till finding financing. Deposit have been met 30K, which brings the...