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I have a property that I'm looking at doing a lease option with. My question involves the monthly rent credit.
Monthly rent = $575
Rent credit = $150
Total monthly payment = $725
Agreed sales price = $62000
Initial ...
So I have been reading into the Texas Property Code along with a book I bought Texas laws on Lease Options to figure out how to do it without violating any laws. Hehe, Texas has a lot of red tape to wade through.
It ...
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I have been reading about the costs to build a duplex and begin renting, but thought my situation was a bit unique and so I decided to make my own post.
A few years ago we inherited a house and land in town close to ...
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Hi BP Community. I'm 25yo and motivated to grow my rental portfolio so I can replace my W2 income. I make $120k - $150k per year and am based on the west coast. I am looking to invest out-of-state as a long-term, buy ...
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This thread is about a recent REO deal I have done from start to finish (well, finish line is in sight) to help educate and inspire others to do the same.
Property details: 4+3, 2300 sq. ft, pool, spa, view, quiet st...
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Hello All,I am interested in buying a performing note. I have been looking into investing in notes but I am a little hesitant because What is the pay structure (How much I need to pay them and how frequent) and the s...
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My husband and I live in the Houston area and are wanting to purchase a house (not a condo) in Galveston, TX. We love the historical looking houses, so not beachfront or anything. We plan to market it as a STR, and oc...
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3 or more reasons WhY Commercial properties are vastly superior to residential properties:
The Commercial property itself for the most part qualifies for the loan vs. the fico score of the borrower with residential ...
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I have questions for two different homes I have seen and am hoping to get some advice from the BP community. I apologize for the long post in advance.
My first question is regarding water seepage in the basement of t...
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hey BP,
I've got two properties I'm looking at, both selling below appraised value, and both cash flow positive within my criteria for the local area. However, I don't have the down payment to cover both.
...