Will bring cash to the table.  

At the closing table I received the rest of December’s rent from the previous owner.

Quote from @Beau Wollens: Quote from @Corby Goade: Quote from @Beau Wollens: Hey Everyone,I am an extremely novice real estate investor looking for some advice on an opportunity I have on the table.

Add thoughtful touches like a Keurig or French press, USB chargers, and local travel guides.

My humble advice to anyone attempting to do creative finance is:Creative finance is for experienced investors who have access to capital if anything goes wrong.Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal levelLearn the financing techniques correctlyDon’t skip parts of the processDon’t ever do a “kitchen table” closingUse the proper deedAn attorney can help you with the legal work, but the rest you are on your ownYour guru will not bail you out“Investing” in someone else’s deal by providing a small 2nd loan so the “investor” can pay for “cash to the seller” and for “closing costs” so he can do the deal is a very bad planKnow what problems can ariseLearn the responses and solutions to problems before they are neededKnow everything there is to know about Title and what that meansKnow who a "protected class" individual isLearn the "back doors"Learn human natureUnderstand timelinesUnderstand regulation enforcement (some of these "mistakes" have a 10 year statue of limitations ( they can charge you 10 years AFTER you do the transaction) and carry hefty fines and possible imprisonmentThe court doesn't accept "I didn't know" for an answer"Know that the source of the lead plays a serious role in some states and federallyKnow how much of a "profit" pushes the boundaries to invite an investigationYou can be sued by the seller if you don’t do things correctlyYou are automatically at fault if an investigator or attorney or regulator gets involved.

What worked for me was focusing on building strategic relationships with top tier people (quality partners) who could complement what I brought to the table—sales, management, and execution.When you are approaching sellers for creative financing, leading with a clear value proposition (and CONFIDENTLY) is key.

That would be “leaving money on the table.” 

I have seen this range from as low as $100 up to $300.Do I need to pay anything before sitting at the closing table?

How do you get paid, Is this an under the table kind of situation or is it something to add as part of your business cash flow.

My first rental I asked the guy at the closing table how much he usually got for rent and he told me he could pretty reliably get 300-400.