This doesn't replace the need for a MSA that will capture additional clauses needed on a Contractor-SubContractor relationship, this is just a project specific form you would use in addition to the MSA (prepared by your Attorney):This template is for informational purposes only and does not constitute legal advice.

there's no way anyone on BP can you tell you anything about this with the information you posted... how could we vouch for them?

Good information!

Purchase price: $225,000 Cash invested: $56,000 Purchased 4-plex from a wholesaler.

Good decisions come from INFORMED decision making. 

The seller's LLC pays capital gains tax and depreciation recapture, while the buyer's LLC uses the purchase price as the new cost basis.

Step 1: Get preapproved for an FHA loan for the purchase price you are looking for.Step 2: Connect with builders until you find a few that will finance the construction of your home. 

@Mitch Davidson I purchased a property recently and closing in May.

Understand the multi-family market, scale up portfolio efficiently, focus on value-add opportunities, build a reliable team, stay informed, and engage with the community for support.Good luck!

I have a couple of buyers that will purchase without due diligence.