I'd say a deal like this should have 10% of the sale price as the down payment and the front-end loaded note can be made so that is attained and then fall into the remaining amortized period.Sell the property for what it's worth, 8% is sufficient consideration, use the amortized period to provide you wanted monthly income, you could require a higher payment to principal to increase the down payment over time as long as they can really afford it, and affording should be determined by debt-income ratios not by an opinion, especially with any inclination of getting in their pocket from any personal issue.Good luck on your getting your RE license, as you go through that process you'll see the ethical aspects of dealing in RE and what I've said here will become clearer. :)

When you aren't a top producer it's just hard to turn down listings, even if the code of ethics says you should.

Also, I am a Certified Home Inspector, and I am curious what people's thoughts on the ethics involved with this would be?

What happened to the days of value, ethics, decency, good will, honesty, integrity, and common courtesy?

Ethical wholesales need love too!

What are the best ways to build a cash buyers list without jeopardizing my ethics and morals (such as fake craigslist post)?

What he might be doing in your eyes might not be ethical or right to you.Nobody on here can give legal advice because they are not involved with all the ins and outs of this situation.

Hi Everyone,

I wanted to know if it was okay when talking to people to say that I am a member of a national real estate investing community with access to people with vast experience, expertise and available ...

Good business ethics would be to close the deal with the agreed tenant, but financially it is more rewarding if he DOES not exercise the option (equity of $25K).

Now, the owner may have gotten a Realtor that has no interest in his client, they may only be interested in getting a deal and a check, but I'd say most Realtors have a higher level of professionalism, business ethic and a feeling of obligation to their client.My thought on a door knocker with my client would be one of at least distrust, that either two issues that exist, one, the knocker has no clue of the process and accepted practice or two, they were hoping to get a deal circumventing me.