- if yes, then transfer the deed), and tell them that you will "TRY" to stop it from going into foreclosure, etc.Essentially have them either sign over a quit claim deed (make sure both husband & wife, or partner is there), or the best way to CYA is to have a deed put in escrow with your attorney if you are not familiar with table top closings.Now you have a deed so you have control of the property, and then you go and try to find your lease option buyer... then if you cant, just tear up the deed and move on.

Not talking about the YSP or Origination that's disclosed on the HUD, but just plain ol' fashion cash under the table or "gifts" on your front door type deals.

Obviously, he saw that I was willing to work and bring something to the table.

If not, you must plan to bring cash to the table to sell the property.

Any real estate agent can only be paid through their broker.Having said that, they gray area is basically you have a deal under the table with a investor that is agreed upon between you two.

RAM - What can you bring to the table?

We've never held a formal meeting (unless you count conversations about the properties over the dinner table).

Ask for somebody else in the department to handle the loan instead who has some seasoning about themselves....When you are at the closing table, you will sign the paperwork as yourself as a 'member' of the LLC....

You might be bringing those to the table for the Realtor as well.A realtor is only a "FOE" if treated as a foe or allowed to act like a FOE.

If you have a buyer who is ready to bring 10k to the table and all of the other numbers work, then it appears you are in a good position.