I am in NJ, the loan amount is for 130k, I am putting 40k down, 1500 legal fee is for his attorney to prepare the legal docs, examine my LLC, and he claims it to be a standard legal fee that will be on my HUD1the 750 commitment fee came with a much longer explanation, essentially saying that the commitment was to ensure that once he allocates the capital to go into the loan that the borrower will close with him, not go elsewhere or let the deal sit.

The directors ratified and approved all documents presented.There was no further business, and upon motion made, seconded, and unanimously carried, it wasRESOLVED, that all the items and documents have been examined by all directors, and are approved and adopted, and that all actions taken thus far have been ratified and approved by the directors of the Corporation.There being no further business, upon motion made and carried, the meeting was adjourned.Dated: _____________________________Secretary ___________________________ _________________________ Signature Printed NameWitness:______________________________ __________________________Signature Printed Name______________________________ __________________________Signature Printed Name______________________________ __________________________Signature Printed Name______________________________ __________________________Signature Printed Name

I will be taking my RE brokers (used to be called agents) exam in Wa state soon and was wondering if anyone had a recommendation for a "investor friendly" Managing Broker.I am getting my license but mainly for access to the MLS, listing properties I don't buy and helping family members out as well.Looking for a reasonable fee to hang my license with some support.

Examining properties and need to learn to crunch the numbers well and avoid, no rather have an eye out for pitfalls.

The first step can be to examine the broker’s Pro Forma, but accurate Pro Forma are unfortunately not the norm in cash flow investing.Ideally a Pro Forma should be transparent and complete, including purchase price, monthly rent, real estate taxes, and property insurance costs, as well as projected major repair and maintenance reserves, vacancy reserves, and property management fees, at the very least.

The entirety of your condo doc.s and rules would have to be examined, by someone experienced in this.

Albiet a little nerve wracking when the guy was missing apymebnts

Book included (Required course for real estate license exam in my state) (30hrs $300)"Real Estate Practice"-fields of specialization, focus on role of real estate agent and residential brokerage.

After each deal examine how each person feels about the profit split.

You are taking the correct steps - you do need to get a gas fixture technician on site to examine the chimney.