I am about to do my first lease option agreement. I got the property under option of $67,000 I am putting down $3,5000. My buyer is going to gave me $6,500 and he is buying the property for $88,500. Me and the owner have an option agreement of 3 years and me and my buyer have an agreement of 4 years. I am really nervious. Wish me luck dean and thank for the knowledge.
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My Daily Routine
November 5th, 2013 | posted by Francisco AlbaToday I made offers on five properties. I made offes on five properties. These properties are located in the Bronx and Yonkers NY. I offered 15% below asking price. These properties need work !
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Financing Preforeclosures
November 1st, 2013 | posted by My3catsWhere do DG students go to find funding for Preforeclosures
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Agreement to Lease
November 1st, 2013 | posted by BnF InvestorsI am looking for the agreement to Lease form. Could someone tell me where to find this?
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Looking for Investors
October 30th, 2013 | posted by jkpinternationalNeed major investors to buy bank notes. BIG BIG returns. Secured by First Mortgage.
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Day 2: Action Steps
October 30th, 2013 | posted by TrimaineAction 1: Posted several ads on craigslist and backpage to start building buyers/seller lists. Dont' have much excess money to invest right now on 'bandit' signs and other marketing. Word of mouth will do.
Action 2: Sent emails to two friends and first cousin who are real estate agents. Renewing my interest to pursue real estate investing and an offer to 'work together'. Will await reply. I have helped my agent friend who sold me my residence sell another home to a buyer. So I'm already ahead in the game and he knows that I can attract potential buyers.
Action 3: Reviewing MLS listings. Have already found some interested properties and vacant land.
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