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Are notes basically the same as rent to own? Correct if Im wrong because Im still a little lost in this area. If I buy a note from someone, this means I am buying the property from that person and they are basically o...
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Hello all, I have 4 rental properties now worth $65,000 each and they're all 2/2 or 3/2 townhomes and are leasing really well actually at $850-950 total. They're a great source of income, but im a little tired of deal...
If a Lease Option in Texas is structured the following way will it be legal? Is this a loophole around the several restrictions in current law? Assume the lease option contract is for 24 months, $1K/month rent, and $...
Step 1. Make a year lease with a tenantStep 2. Sign a purchase agreement to close the date that lease endsThis was suggested to me by my CPA. He didn't know if you could actually do it.
Hey BP community!
Wondering if someone can explain lease options to me like I'm a 3 year old. I went to a small seminar about lease options last night and still couldn't wrap my head around it.
I guess my main ques...
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Hi Bigger Pockets, I am getting ready to pull the trigger on my first property. I am interested in starting with a owner occupied multi-family property (2 to 5 units) in the south suburbs of Milwaukee WI. This propert...
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This seems unintuitive to convert a hotel to a multifamily, but from my underwriting it seems for the property I just got into contract (in the mid west) a multifamily conversion seems more lucrative than operation as...
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Hi Folks - thanks in advance for your input on this - looking for feedback/opinions on the best use of 100k in capital to purchase buy/hold rental properties as a long-term wealth strategy (optimizing cash flow + oppo...
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Hi all, I would love some help on how to run the numbers on an opportunity we have right now and the best way to finance it. We have a property we want to make an offer on that has a 3/2 1676 sqft house on 2.2 acres. ...
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An apartment building I've had my eyes on for a number of years just came back on the market, and I'm starting to crunch the numbers. I don't have any experience in commercial loans, and I'm wondering what the best op...