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We must be in 1st position not 2nd position. Looking to buy hotels anywhere in the USA. Plus we invest in film,real estate properties,gas and oil. No upfront fees. They are willing to look at bridge loans, construction, development, rehab, and notes. There is no deal too small or large. With the notes send much info on the note to C_CM1958@aol.com to get a quote.They will buy any amount 150K & up.
Dear forum members, I am new to the forum. Recently I trying to do a normal lease option in the Caribbean real estate market. I have found a seller who has a property that is not completely finished. There will be an investment in cosmetics like: doors, sanitary, electrical wiring, gardening. I want to make an agreement that as a consideration fee I will finish the property. I am planning to rent the house to tourist visiting the island These are the details: Asking price 324.000 Costs of repair 10.000 Monthly market rent (due to seller) 2.500 Market value after repairs 350.000 My montly income would be +/- 4.000 I will propose a lease option deal for 4 years How would you guys as professionals look at this deal? Some other questions: If I understand correctly I will need 2 documents: lease and option agreement Do I need an escrow account? I know my seller has very good connections with the bank who financed the house. Is this a bigger risk for me you guys think? Regarding the Due on Sale? How can I avoid being double crossed by the seller with the Due on Sale Clausule? I hope to learn from the professionals! Maybe someday I will be one also. Thanks in advance Chaniël