lease option with money due in x years - Posted by Shawn

Real Estate Investing
1

Posted by DJones on March 17, 1999 at 21:41:11:

You would be able to finance the property by then. With
a little going toward the principal each month and inflation, it should be a piece of cake.

Example: $100,000 home

$3,000 up front

$6,000 paid… 60 pmts w/$100 month to principal

Balance $91,000

3% inflation for 5 years is around $16,000 up in value with no improvements!

$116,000 value x 80% mortgage = $92,800 new loan.

This should cover some of the closing costs as well.

Good Luck
DJones in Tampa

2

lease option with money due in x years - Posted by Shawn

Posted by Shawn on March 17, 1999 at 19:46:59:

I’m kind of confused. I am new to this and am trying to learn more by the Carlton Sheets program. I guess something I totally missed and apparently should study in further detail is a loan or lease option with x down x a month and the rest due in 5-7 years. How do you come up with this money? Do you use equity in other properties? Please explain I’m lost! Thanks Shawn