Has anyone bought a house rent to own or with an investor? What was your strategy?

I live in IL. Dupage county and would like to find a good investor or rent to own program.

Just work with a real estate agent and look for undervalued property or lease purchase options. If you know what you're doing, then venture out on your own with an "investor". Keep in mind, licensed real estate agents can lose their license and/or be sued for taking advantage of you. On the other hand, real estate investors just can be sued.

Also, the common thing to look out for is a clause which states that you lose your option to purchase the property if you're ever late on rent.

Regards

Tags

　　Make Money 　　Low Risk Investment 　　Long Term Investment 　　Investor 　　Investment Fund 　　Investment Trading 　　Investment Strategy 　　Investment Services

Related information

I need to know if a realtor in colorado can act as a private investor on a land contract that they write?

Land contracts are Illegal!!! Your Realtor should have know that. If you agreed to a promisary note - then the terms of the note are in full effect, but title should have transefered to your...

Would getting a Real Estate license make it easier for a Real Estate investor.?

As long as you follow the rules then it would make it easier, in my opinion. You will have easy access to the MLS, you will be working with other agents who may let you know when they have a great ...

What percentage of a business do you typically have to give to an investor funding a business idea?

In a TYPICAL venture deal (yours is not, of course, since it's so small), it would be pretty common to give seed round investors 20-30% of the equity. Another way to look at it is that private...

Do I have to report to the IRS interest paid on a loan from a foreign investor(no SS#) in my company?

I would retain a CPA with expertise in payments to foreign investors before going forward with whatever you are doing. Taxes are payable on that interest, but you will probably be required to with...

Can a person a person work for a mortgage broker, and a investor that is a note broker?

I am not sure on this however if you give me a couple of days i am sure I can get you the answer.

...

Which parts of the balance sheet and Accounts of a company would a potential Creditor or Investor scrutinise?

Hello, As a potential investor I would be most interested in seeing the companies Profit & Loss sheets of the annual accounts. Why? because it would reflect how funds were generated & ho...

If you have a subject to deal under contract and the right to assign it, does the investor have to...?

If you have the right to assign I don't think the other investor has to buy it outright. They just need to keep up the payments. Make sure they are keeping up the payments...

...

When the shares price increases of any company, who will get benifit of this increasing, company or investor?

both the company and the shareholder benefit from the increase in the value of shares. The share holder benefits the most directly because there position increases in value. The company however b...