Heck, the state legislature just passed a law a couple weeks ago stating that it's illegal for any jurisdiction in the state to regulate rents or fees in any way.

The appealing aspect here is the ongoing population growth and other economic factors.

Their 10% fee only covers listing and follow up.

For reference, on an investment property (assuming the following: 300k first mortgage, 480k home value, 50k HELOC and 780+ credit) most brokers will have rates in the 12s with no lender fees.

What are the legal points I need to know about getting a “finders fee” or being a “bird dog”?

In the event Sellerfails to close the sale of the subject property pursuant to the terms & provisions of this Agreement, Buyer shall be entitled topursue legal recourse for specific non-performance and shall be entitled to compensation for any costs associated with suchactions, including but not limited to escrow fees, title fees, attorney fees, court fees, etc.

What are the key factors influencing the cost of care in assisted living facilities in New Jersey and New York?

My question is that if a deal has a mortgage subject to an existiting loan and a private lender funds the purchase of the enry fee (wholesaler fee/agent fee/cash to seller/etc.)

I love the seller financing model because if the property is owned free and clear, there are no banks you need to deal with and for the sellers they will receive more than the negotiated purchase price once factoring in the interest payments and they can defer having to pay the capital gains.

This is true with how you structure your deal: pref, carry, fees and waterfall, projected return thresholds, hold periods, etc.Reputable sources: there are many mastermind groups out there.