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Lease Purchase Tips
One of the best ideas that I have used when trying to get a lease purchase deal closed uses an alternative type of option consideration/earnest money deposit. If the seller is okay with the idea of a lease option or lease purchase but thinks my consideration a little...
No Money Down – Cash Crank
I found a single-family home appraised at $149,000. The seller had $62,000 in equity. I offered $105,000 all cash, which was accepted. I found a partner to front the $105,000. Refinanced the property at 80% of market value for $119,200. I pulled the $105,000 out and...
Creating a Real Estate Time Machine
I have created a time machine. Just think back to the remember when you could buy a house for $6,500, hold on to it for a few years, and sell it for $30,000. If I could do that now, I'd buy ten. Well I'm here to tell you. You can. I just did. The city was Baltimore,...
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Lease Purchase Tips
One of the best ideas that I have used when trying to get a lease purchase deal closed uses an alternative type of option consideration/earnest money deposit. If the seller is okay with the idea of a lease option or lease purchase but thinks my consideration a little...
No Money Down – Cash Crank
I found a single-family home appraised at $149,000. The seller had $62,000 in equity. I offered $105,000 all cash, which was accepted. I found a partner to front the $105,000. Refinanced the property at 80% of market value for $119,200. I pulled the $105,000 out and...
Creating a Real Estate Time Machine
I have created a time machine. Just think back to the remember when you could buy a house for $6,500, hold on to it for a few years, and sell it for $30,000. If I could do that now, I'd buy ten. Well I'm here to tell you. You can. I just did. The city was Baltimore,...
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