., and they can go after the responsible party's insurance.  

It takes both parties to give some compromise while understanding that you are both are on the same team.

three choices:1) Seller does not yet own2) Seller owned for at least one year3) Seller owned for less than one yearSometimes, the challenging part is entry for Realtors with clients.  

I've heard its good to have an attorney look over them to make sure they are fair to both parties.

Long partnerships tend to get messy when each party has different situations arise in life

Just finished Flip #4 - sold without putting on market to a party interested in the project.

BTW, I'm working on a few MF 'deal' (transactions may be a better word;) proposals with other parties and the scenario is conceptually like yours, although I'd prefer to just get the K-1s and have everything (every deal) separate... hence the SPEs. 

I guess communication with the other party is probably key to this as well. 

Meaning, they must alert the parties that the property is being bought and sold shortly thereafter.

Hello,Just looking for interested parties and or references for construction companies looking to build in Will County IL.First of all I want to know what I can expect to get for investing $60-75,000 in building a new home from the ground up?