````````````````The upfront agreementIn order for the upfront agreement to work, you need to frame it as a very fair, 2 way business agreement.Here is a possible exchange...After the walk through, you're sitting at the kitchen table, looking at both mom and dad the sellers.I fold my hands and I looked very solemn, I try to give them is kind of an expression is possible, as sincere as possible, I have my legal pad, a pen, and a blank letter of intent in front of me.I also have a folder of comps and rental information on the subject property.So here's the upfront agreement...Investor: "So Bob and Susan thanks for the walk through, I just wanted to talk about how I'd like to see our business relationship work.

@Kevin Yang,your mom is considered to be a "Disqualified Person" to your 401k.

My name is William Yang, I am 21 years old from Aruba the caribbean and now living in the Netherlands to finish my school (Fianancial Administration).

everyone wants the nicest pad as possible.if lenders cut back their DTI to say 30 to 35% that would also strengthen the loan pool..

I make decent $ at my W2 and plan to pick up a side job to pad a solo401K.

@Angus Yang welcome to BP and specifically the Bay Area crew.

Thanks for the feedback @Wei Jie Yang.

@Nhia Yang Welcome to BP from another Tulsa area investor. 

Originally posted by @Chheang Yang:@Sunny D., one thing to take a look at are the property taxes.  

Also @Frank Yang I do not believe that you NEED attorney review in NJ.