We currently have enough saved for a 15% down payment for our next rental property. When I called the bank to get pre-qualified they told me that we are able, but are very close to being denied because of our debt to ...
Hi, my name is Nat and I am just getting started in real estate investing. I need to build my portfolio, possibly with a wholesale deal, but ultimately want to buy and hold, making positive cash flow. I would like to ...
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...
Greetings BP community!Recently while reading "The Book on Investing in Real Estate with No and Low Money Down" by Brandon Turner, I noticed he mentioned a "lease option sandwich" which effectively allows you to have ...
Hey BP family!Are Lease Option Sandwich deals still legal? This is the strategy I am attracted to for getting started in real estate, but have been seeing talk in the forums from a few years ago that some laws got pas...
Hello, I would like to market to a select group of people in which a lease option might be a good idea. I'd like to act as a deal finder/middleman essentially as I don't have the capital, experience, etc to purchase a...
Hi everyone. Hypothetical situation. Let's say I acquired a three family property using a 6 year lease option. Now let's say I use another lease option to sublet it to a person who is interested in buying it down t...
I have 1 single family house I'm renting out in St. Paul, but I'm living in Nashville this winter. I'm looking to get into sandwich leasing options and have found some preforeclosure houses I'm interested in finding t...
I'm on the search for my first investment. I happened to be chatting with someone I know who just bought a new home, and hasn't even listed her old home yet. She's very anxious about having two house payments. I wa...
Hi.
When I do a double Lease option:
In option #1, i lease and option from seller (which are three documents including lease, option, and purchase and sale agreement);
What language in do I put in Option #2 where I ...