Having the common public running around trying to cure clouds on title is an exercise in futility, since they don't deal with this stuff everyday.

(I can do this because I have other buyers already in place to buy their deals, sometimes these buyers could be other cash for your house buyers)Here is a sample of a deal that I put together using this.1.

Hopefully if the deal goes south, the borrower makes good without the lender, whoever he is, having to exercise his rights under the personal guarantee and go after other assets.

Even if the option gets recorded and somehow the lender becomes aware of it, they are unlikely to exercise the due on sale clause as long as you keep current on the payments.

The buyer will have an inspection period, either now or after lender approval which they might exercise.

Not sure how you plan on purchasing this property but for the sake of this exercise Ill assume you are going the standard route with 20% down.

There are test kits for taking a sample and analyzing what you have.

The lesson learned ... 1 - It's good to know your lease clauses inside and out and not need to exercise your authority.2 - Use spouse as a "higher authority" figure to buffer conflicts with women tenants.3 - Draw on the collective wisdom of my BP family to vet responses to difficult situations.

I have my first meeting with a possible private investor, I have rough drafted a business plan but since I am new was wonderiing if anyone could direct me to a sample RE investor plan..Thanks

Hey Philip Sample.