The compensation section says that Buyer agrees to compensate Broker as follows:"The amount of compensation shall be 3% of gross sales price, or the compensation Broker receives from seller or seller's broker, whichever is greater.

Future properties with this lender will either be cash-out refi'd at 80% of ARV or 90% of my all-in costs, whichever is less.

He said his rule is he puts either 2 years of rent or $25,000, whichever is larger, PER PROPERTY in an account to start with, (meaning he’s sitting on $125,000-plus just for reserves, I didn’t ask him the actual number he currently has saved), with 15% of his gross monthly rents going into this as well (if I understood him right, he just has 1 pooled savings account it all goes into).

You’ll always Net more by getting the property on the market…mls or with a commercial broker, whichever applies.

Form an LLC in whichever state holds your property.

(Im not typing what kind of buyers im looking for, so feel free to answer with whichever method you use to bring in buyers)Thanks

There is a really important rule when refinancing a home with a Delayed Financing transaction - you are limited to receiving purchase price + closing costs OR 75% of the After Repair Value (ARV)...whichever is lower. 

Then, your basis goes down by the amount of depreciation taken or allowed, whichever is more.Notice I said loans are irrelevant and didn't mention them.

With "term" of the lease, say 30 years, I'd suggest a rent "escalation" provision that would allow for a set increase at years 5, 10, 15, etc. versus an appraisal at your 12% return, whichever is higher.Paul

Whichever was easier for you.So the way you structure your business is that your LLC (Lish Properties, LLC) qualifies for all of the hard money or private money loans, is that right?