Ryan A Rodriguez-Wiggins
Rent to own experience?
Hi All,Does anyone have experience with structuring a rent to own deal? I am looking at purchasing a property for my cousin for her and her family to rent while they rebuild their credit. Goal would be for me to purch...
Hoa Nguyen
Help, Need Financing Solutions
Hey everyone! Have a situation that I want some input on. What financing options do you think is best for this situation.Lady is selling 6 individual condominiums in the same complex and is willing to do a bundle deal...
Bryan Wegman
5/1 ARM or 30 year fixed??
I'm closing on a buy and hold property mid January 2019. My current finance options are a 30 year fixed at 5.75% or a 5/1 ARM at 5.0%. I'm curious what you all think is a better option?
Details:
4 bedroom 1.5 bathroom...
Jeff Copeland
Anyone ever put a house under contract with a 12 month closing date?
I have a seller who I've been working with for months. He wants to sell me his house, but he doesn't want to close for a year. He's very realistic on the value, and is pricing it at about a 15% discount due to the lon...
Joel Owens
Tax gain on sale question for commercial property.
Getting feedback on a situation.Transaction of 4 million and buyer is putting down a certain percentage. Seller is agreeing to carry back 5% second of 400k fixed with a 30 year amortization for 2 years.Sellers comment...
Jackie Lange
Examples of Creative Transactioneering
Today I posted anarticle by Jack Miller on my blog that I thought many at BP would benefit from. You'll learn some ways to take creative real estate to the next level. Remember, every deal needs to have a purpose. ...
Michael Pempin
cash out refinance a cash flowing property
Does anyone have experience refinancing a rental property to cash out refi a cash flowing property, only to turn it into a non cash flowing property after increasing loan amount from cash out? property as follows:cur...
Richard Nash
Need advice in a possible deal
I put up a post on craigslist about buying houses, and mentioned lease options in it. I had a lady contact me shortly after this.
She said she has a house a couple hundred mils from my house which she owns. S...
Michael Lenahan
Tenants owe me 5K in back rent - What is my recourse?
Hi,My first time in 5 years of Real Estate Investing that I had to evict someone. So the process is new to me...The tenant was recently locked out (11.28) and their Petition to Restore was denied. They owe me over 5K...
Nicole Heasley Beitenman
"Formula" for 3-part offers?
A friend from my REIA was talking to me about how to make offers, and he (and other sources I've looked into) suggest making 2- or 3-part offers to increase the odds of my offers being accepted. As an example, he sugg...