Hitanshu Shah
Under Contract - Finance options on a 4-plex
Hi AllWe are under contract on a 4-plex and I am shopping for Loan options. The purchase price is $415 K and we can put 20% to 25% down. Few brokers have recommended a 5 year Balloon loan but I want to explore the bes...
Bryan Casteel
Lease/Option versus Lease/Purchase
Does anyone have a good handle on the difference between a lease/option and a lease/purchase. It is my understanding that they are very similar except that under the lease/purchase, the "buyer" is guaranteeing a cert...
Amber Seel
Help with purchasing off market deal
Can anyone provide insight in the process for purchasing an off market deal? My understanding is that you write letter with good faith offer, after that is accepted, you contact a lawyer to draft a purchase agreement ...
Dwayne Gilbert
God This Is Getting Complicated, Please Help
Have a contract with a seller for a house in good shape but discounted because of their personal reasons. Have a buyer, qualified to purchase, ready to pull the trigger immediately. Have a closing agent ready and will...
Alicia C.
Tenant from Hell
I would like to keep this short and sweet. I need some advice. I have recently purchased a two family home which i occupy, as well as inherited tenants whose lease is not over till June. couple things we found out the...
Joshua Tobin
Property Stuck in Limbo for 9+ years?
Backstory:A little less than a year ago I purchased one of two dilapidated houses on a lovely quiet street in upstate NY. The houses are literally next door to each other which is somewhat of an odd coincidence, but I...
Gary L Wallman
I have 2 houses under contract. Should I still close?
I have 2 SFH's under contract in Ohio, paying all cash. A 1000 square foot home in a B area and a 1900 square foot home in an A area so the cash is significant. Ohio just shut down the state with a "stay at home orde...
Nerissa Vento
Probate - Send Letter to PR and Heirs?
Hello all!
For those of you who market to probate deals, do you have a better response and success rate mailing letters to the Beneficiaries/Heirs as well as the Personal Rep/Executor? Or do you find it just as go...
Anthony Simboli
Things to think about when using a 401k for investing
Would anyone have more information on how to use a 401k for investing? I've read in the past you could use it for downpayment with less tax implications. Is that true? In general, has anyone had experience using their...
Youssef M.
Multi-Family investor from Montreal, Quebec.
Hello, About me: An IT professional from Montreal. I'm voraciously learning how to invest in real estate the right way. I feel some of the advice on BiggerPockets needs adjustment for the Quebec market and I would ...