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Updated over 18 years ago,
non-compete or non-disclosure agreements
I was reading Christy's post "What are deals and what arent" and was wondering if anyone had a non-compete or non-disclosure contract they would be willing to share.
I ask because I've found a property that I think is well positioned for an investor more experienced than myself. It is located in a good area and has recent comp sales which are high. Through researching the owners, I have learned about the situation which is motivating their sale of the property and have also researched their current financing arrangement which is not favorable to them at all. After inspecting the property, and detailing the necessary repairs, I have a good idea of the rehab costs. All in all, I believe that at the right purchase price, an investor could profit around 35k. My problem is that I am very new to real estate investing, and while I have read a lot of books, my practical experience is zero.
I'd like to birddog this deal to a more experienced investor in my area who would pay me a modest fee ($1500) for the work I have done, and who would also let me tag along for any meetings, phone calls etc with the owners, bank, etc, so I could learn how to close these finds in the future.
So, if anyone would be willing to share a non-compete, non-disclosure agreement with me so i can protect myself, I would very much apreciate it.
Thanks -
Rich