I prepared a draft purchase agreement that includes the following sections: property info, sales price, closing info and earnest money deposit, home inspection contingency, prorations of taxes and rent, risk of loss for damage during sale, possession when title transfers, closing contingent on clear title and no unpaid taxes or utilities, property sold "as-is," and transfer of rental documents and security deposit.  2.

Pros: (1) Begin building business credit history for future loans and banking products directly to the LLC.

I was told it was due to a “Texas 50A6” document 

They should have at least a basic working knowledge of contracts, surveys, title commitments, title process, closing process and documents, etc.

For example, a garage on the property line (I still bought it, but had budgeted to tear it down), improperly discharged previous mortgages, improperly documented foreclosure judgements, and a strip of land that wasn't included accidentally (causing the property to violate setbacks). 

My credit history is not great (missed couple of payments few years back) and I am having tough time securing a loan (borrowing close to million dollars).

I obviously dont know each state, but the only person Ive heard mention on BP that it was legal in their state was a Florida agent.I'm fairly confident that it's technically legal in Ohio but my understanding is the Division will scrutinize the heck out of you and require a ridiculous amount of disclosures to ensure you make it clear to the seller that you are going to make a whole bunch of money off of them.Like you literally need to have them sign a document that says something to the effect of my commission will be anything I can sell your house for over $100k.

The only problem is you haven’t been in that long which lenders like to see at least a year of employment history but reach out here on BP and talk to some lenders and see what you qualify for!

Typically commercial lenders are looking for 35% down, some will do 20-25% for multifamily commercial, and rarely less that that unless you have a track record/solid history with these types of value add deals.

I'm managing from out of state for the next 9-12 months so I need a cleaner that I can trust and has a history of quality performance and a solid reputation.