I just want to make sure that when that happens, I get the right of refusal on their house/lot.Could I draft some sort of option contract where I pay them some nominal sum now for the right to try and purchase the house when they get ready to sell?

I'd rather have a subjectively nominally derogatory remark made about one of my posts than waste 10 minutes of my time on some ********t craigslist post.In other news stop running around acting offended and thinking you get extra browny points for being poor.

The range of other clubs are from free to $360/year and they do offer free classes and pay classes at nominal charge.  

It is not uncommon practice for an agent to be able to waive their commission and then the company only charges a nominal fee to process the paperwork.

A bunch of other investors get licensed and join the brokerage for a nominal fee per transaction.

He did see it my way and for 2k he released the property to be sold.Now that I have a clear passage to ownership, I took the completed package to my title company, borrowed 53k from my private lender and closed the property for 28k.The repairs were actually relatively nominal.

I noticed some people go and have multiple nominal, but what is the proper formula?

More importantly, using leverage allows you to realize much higher returns vs. not using leverage.So while it's a great to ask about the tax pros and cons, ultimately the difference will be nominal compared to the decrease of your IRR should you aggressively pay down the debt.

No mine are in Nor Cal far out in the East Bay Region where I live, Brentwood.

The risk level is actually nominal in comparison with the reasonably expected returns.