Comments on: Buy Your Primary Residence With Creative Investing Techniques

By: Charlie Roberts

Charlie Roberts — Thu, 09 Jun 2011 21:34:35 +0000

I was always taught that your primary residence wasn’t necessarily an investment, but rather more of a liability until you sold it (assuming you have equity). This lease option technique sounds looks like a great idea, especially in such a slow market—thanks for the advice! I’m surprised more experts are not suggesting this as a viable option if you’re purchasing or selling a home

By: would you rather

would you rather — Fri, 18 Mar 2011 19:26:17 +0000

I don’t think I could ever think of my primary home as an investment. Really, I’m looking for somewhere to raise my kids so other factors are more important then the possible cash flow it could provide.

By: finance help

finance help — Wed, 10 Feb 2010 09:26:50 +0000

Selling your home in recent market is getting better but is still a way off normal circumstances (my uncle has just sold his £350,000 house recently at a lower price) and if someone wants to exchange their home, make sure they know in detail what is needed to be done and what party involved need to do so there are no complications and slip ups along the way.

By: Pick Up Lines

Pick Up Lines — Sat, 16 Jan 2010 22:03:28 +0000

I bought my primary residence by using a lease option technique. I’ve since then paid off the property in full and moved on to acquiring additional investment properties with similar techniques, and it’s been working incredibly well… especially in this current market!

By: Rossa B.

Rossa B. — Fri, 06 Nov 2009 12:53:59 +0000

” As an example, when a market rises over time by 10 percent, a house originally valued at $100,000 will increase in value by $10,000 while a house originally valued at $400,000 will increase by $40,000 with no more effort. ”

Thank you very much for this example! It helped me lot to figure out some calculation wich is imporant for me. Keep up good work!

By: Wine of Month Club

Wine of Month Club — Fri, 28 Aug 2009 14:35:14 +0000

Once we move up and out of our first home it is a whole different story….but for now I’m content to play the normal 30 year fixed game at 4.5%

By: Augie

Augie — Sun, 26 Jul 2009 18:14:44 +0000

This is the perfect market for buying with a lease option technique. It allows you to maximize your leverage and minimize your risk. You can also subscribe to my monthly newsletter, the Intellectual Capital Report at http://www.CreatingWealthUSA.com. Thanks for your comment.

By: Augie

Augie — Sun, 26 Jul 2009 18:01:24 +0000

When banks don;t lend, people still have to sell. In the 1980s seller financing was extremely common, most investors today don;t remember. At that time is was also not uncommon for agents to take their commission in installments on many deals. when the market turns deal makers find new ways to conduct business or perish. It is creative not dodgy, the documentation should be prepared by an attorney, title company or escrow agent. The closing should be handled by professionals and not on someone’s kitchen table…that…would be dodgy. Thanks for the comment!

By: Advice for women

Advice for women — Thu, 16 Jul 2009 06:27:59 +0000

“You might also look for a lease option of your own with a motivated seller. If you do this, make your term longer on the property you’re buying than the one you are selling. ”

This is a sound advice. I think I would consider this technique when I am going to buy my own residence. Thank you for the info. I hope there’s more helpful tips to come.