Take your attorney's advice on what's customary and what should be spelled out in the contract and know that despite all of that, there is no such thing as a contract that covers EVERYTHING.

If something like that is not clearly spelled out, it can cause problems later.

. :) Bill Gulley miss spelled Dodd Frank but written extensively about seller financing.The ATR the ability to repay found on the CFPB s site and using ROMLs with tenant buyers will help your search for info you need.

Account Closed ...I would not recommend doing anything with family UNLESS all paperwork/specifics spelled out clearly(attorney)...I tried the first year in business and it almost ruined the relationship...It was all verbal..When the flip/flopped, things got crazy!!!...

Many are predatory dealers, they have no clue as to applicable laws, they don't keep up with changes and their advice can spell trouble.

Oh well.....I've never had a problem with the marketing side of SF deals, most are receptive when you spell out the "light technical" side rather than using a sales pitch, well, there is a bit of sales in conveying the benefits

One person shared how they have had a dry spell for the past year but just recently closed on their first deal this year, and has basically broken even for the year.  

@David Moore you just type the @ symbol and just start spelling the name of the personKeep in mind on a HUD that you will pay all the costs to turn on the utilities above and beyond the cost of the inspection and you will not receive you $500 earnest money back if you do not close

@Walt - there is an old expression about hiring your accountant that says don't hire the guy who can prove that 2 + 2 = 4, hire the guy that says "how much do you want it to be"point being - I was planting a seed for Jesse to follow and NOT selling any services - this is spelled out pretty clearly if you followed the link, and HIS accountant should know requirements for Certified Plan Administrator as well as flexibility within the self-directed IRA structure - there is ALWAYS more that one way to solve a problem - right ?   

*Look forward to hearing from everyone and learning an extreme amount about Real Estate from everyone here on BPMy excitement got the best of my spell checker!