For extra formality, put it on a nice document with your letterhead.Re: Non-Binding Letter of Intent to Purchase Real Property Located at [Property Address]Dear [Recipient's Name]:This non-binding Letter of Intent ("LOI") is submitted by [Your Name] (the "Buyer") to [Recipient's Name] (the "Seller") with the intention of setting forth certain preliminary terms and conditions for the proposed acquisition of the real property located at [Property Address], inclusive of all improvements, appurtenances, and fixtures thereon (the "Property").Purchase PriceThe Buyer hereby proposes to purchase the Property for a total consideration of $[Amount] (the "Purchase Price"), which shall be subject to adjustment based on the results of the due diligence investigations and final negotiations.Earnest Money DepositContingent upon the execution of a definitive Purchase and Sale Agreement (the "PSA"), the Buyer shall deposit earnest money in the amount of $[Amount] (the "Earnest Money") into an escrow account designated by the mutual agreement of the parties.

I wanted to propose he sell to me at a 20% discount and I would lease it back to him for an extended period of time. 

I would pay Wealthability if I see that the proposal would indeed save us more than we pay for the fee. 

Hey all,I’m trying to find a way to make seller financing more palatable for owners, as every deal I propose it on gets shot down.

Can I take Curbio a proposal use that to market to an investor to purchase the home and how easy would it be to I guess “transfer” all the work we started with the proposal to the current home owner over to the cash buyer?

I've run the numbers, both proposed and actual results, and it can make a difference.So bottom line, if it's something you think you may be interested in do your own due diligence, just like anything, and don't take the word of hype-sters or nay-sayers on these forums.

I would keep tabs on the local council meetings and proposals and get in touch with the city leaders expressing your concerns.

Right now, my main concern is if the health care rules do change (lets assume similar to the two proposed bills) how does that look to affect Medicaid and the ability to find clients?

So, I proposed this deal to the Church, which they accepted and we closed on April 2.  

I'm not proposing to change the landscape and what the properties I do have noise and parties have not been an issue.