You can consult with your Realtor to create this contract and make sure that it conforms to the laws of your city/state.

A deal is a deal, but it helps if you have someone in mind when you contract it. 

Their algo isn't sophisticated enough, yet, to accommodate natural disasters and inventory shortages so it's most likely responding to the incredible demand (and unaware of the legal implications).

Even more exciting, I’m already getting my second property under contract tomorrow with my partner.A huge thanks to everyone for the incredible content!

Hello everyone, I have recently gone under contract on a property and was able to agree to a private loan with a family member to purchase and renovate.

In 30+ years we've been sued 1x (legal blackmail over a tenant's drunken trip/fall) which the insurance company settled for $1,500.00).We've been using some privacy tactics to keep our names off the county recorder and the target off our backs.Further, we review our insurance coverage and premium annually, just to keep on top of any changes.As with all insurance, it seems to be a waste of money... until you NEED it!

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

This also leads owners to ASSUME simpler is better when it comes to management contracts.

This eviction altogether cost me $20,000 - legal fees, lost rent, and rehabbing.

Commerical loans are totally different then residential loans, you have to enter a contract and go through a due diligence process before you totally commit to purchase the property.