These trusts are designed to house real estate within a grantor trust and provide limited access to grantor or beneficiary information contained in the trust instrument or known to the trustee.

Shannon, Copying word for word other's work should not be done, but there are ni issues with with following general outlines as a business plan is in the public domain just as a resume would be.As you look at a business plan try to look at the overall topic or issue that is expressed and adopt it to your specific business.A pro forma statement for example is a financial statement that predicts future performance.

Additionally, reading some literature on contract law, as that is what the security instrument and note conform to will also help.

This is the one item that is hard to predict, but can ruin and dissolve a partnership quickly.

It is also important to notate what is being implied here is the conveyance of BOTH the security instrument (DOT/Mortgage) and the Note.

Thanks for the analysis and positive outlook though (other than your predicted collapse..?).

They will tell you a time (or range) and then some fat slob smoking a cigar will show up 30 or 40 minutes after that and act like it's no big deal.I predict that after these inspections start, you will all hate them.

The trouble with today's appraisal rules is you have no idea who you are going to get, you can't pay more to get an experienced one, and there is no way to predict whether they are going to be bad in your favor or the buyer's.As was previously mentioned, you should be targeting a cash buyer with this type of purchase.I think the best we've done on a deal like this was a $64K purchase that was resold in 2 weeks for $93K.

I am glad to hear you think I am predicting lower numbers that you probably would.

There is nothing wrong with taking the more traditional path with more easily predictable, if mediocre, results.