Can someone explain what the 2 year ballon payment with this Lease option deal means. Here is the deal. The house is listed at 109,000 and the lease option has a 8500 down payment. For two years I make a 1050 month ...
I know many of you do month to month.
I personally like a one year lease.
I was asked by an applicant today if she signs a 2 year lease if I would discount the rent a little.
I told her I would gi...
Hi BP!
I’m considering switching my 3 SFR rentals over to strictly 2 year leases as turnover costs are cutting dramatically into my returns. So far I’ve yet to have any tenant stay longer than one year. All 3 pro...
I'm back!!! Man, I've let so many deals slip through my fingers due to "Analysis Paralysis", lack of funding, not taking action when I should've...
These elements sent me back to the workplace where I know I don't h...
I just graduated with my masters and have some money saved up, but I keep hearing that I have to work for two years before a can apply for a house loan. Is this true? My plan was to buy a house within the next 6 month...
Question about 2 year leases for landlords or agents. Is it common for agent commissions to be based on 1 year of rent or the 2 year total? It is usually around 4.17% of total rent for 1 year leases here.
I read an article that stated two year W2 income is becoming less important then in past is this a myth or doesn’t it depends on the bank?
Just wanted to share the two flips that we have underway this year. My goal is to knock down 8 of them by the end of 2013. So far, I am on track. I have one short sale that will be ready to close in a few months and a...
Ok, so I close on my first buy and hold property next week. I know typically length of leases are one year. However, I know three different people that have gone to two year leases. They say this is due to the fact...
Anyone have any success getting around the two year rule? My wife and i rent out our house and downsized to an apartment to save for a house. We’re now ready to buy a multifamily but because our rented house will con...