Slippery slope if you ask me, and dangerous if one wants to avoid courtrooms.

We already paid them a pretty sizeable entry fee ($30k) to cover some of their equity and debt in another project.

I would also give her x amount of days to move but let her know you will have to charge a prorated fee per day after that to move for occupying both units. 

Or would it be minus realty fees and closing costs as well?

Steps to takeReview the contract: Understand the terms of the agreement, including the notice period and any termination fees.

At 18, start with wholesaling to find off-market deals and earn fees without capital.

5) What Placement Fee did you negotiate with your PMC?

Owner ended up settling with the tenant, but then we had to threaten to sue our own client to get them to pay our legal fees.- Owner must sign a Hold Harmless to indemnify us against any potential tenant lawsuits relating to the work their contractor is doing.--- Another lawsuit resulted from owner's contractor taking down basement handrail to get supplies down the steps, then they didn't put it back and tenant fell down the stairs.- We also negotiate a reasonable completion date, depending on the Scope Of Work (SOW). --- Who gets all the phone calls and wastes time calming a tenant down because the owner's contractor doesn't show up as scheduled after they took time off from work or a 3 day job takes 3 weeks?

There are sometimes fees associated as well but they seem minimal and scale well since one line of credit can purchase multiple assets.Interested if anyone else is using this lending strategy and what your experiences/recommendations are.

Is the PM investing in or in some other way financially committed to this deal (beyond the fee)?