Reviewing the math doesn't really fall into their responsibility.The title company was hired to prepare all these docs and distribute the money.

I’ll be happy to supply numerous examples, as I receive these email distributions constantly from commercial guys.I return to the fact that it’s noteworthy that a large percentage (a majority at the other large Memphis company, per their site) of sales at large companies are completed using private lenders at interest rates you've indicated previously are in the 8.5-9.5% range.

The $300 bucks for 3 full days was well worth the information and basic techniques we got out of it.

They could then cash your check, distribute it as they saw fit, and you would have had your deposit.

You would make your loan payments to the trust, which would distribute them to the other four.

It's based on too many assumptions that may or may not be true, and can lead to both overpaying on a property (to the point of not being able to generate a profit) or under-bidding on a property (to the point of not being competitive and not getting any deals).I much prefer to use analysis techniques that take into account the actual cost of capital for the individual investor (are you using your own cash, borrowing hard money or something in-between), the actual cost of commissions and closing in a given demographic (sometimes the seller will pay buyer closing costs, sometimes not), the actual time you expect a rehab to take (a six month project has vastly different holding costs than a two month project), and the risk on the project (is 15% return enough or do you want 20-25% returns on more risky/costly projects), etc.70% rule is lazy (IMO) and while it's fine for a first-pass analysis, if you use it to make buying decisions, you may find it impeding your success.

Many apartment complexes in my area divide the total water bill each month and distribute it to the units evenly, and maybe based on unit size as well.

I will still use these techniques when I get a nicer property.

You assign a contract, double close, buy in an LLC and sell the LLC or some other technique that makes you a principal to the deal, but the basic idea is you find a buyer, find a seller, put them together and collect a fee.

I find that when people recommend a technique on this site, it usually works out, even if it's something I'm resistant to doing at first.