I will receive 3 percent of the purchase price as a commission and my wife will sell the property and earn her commission on the back end if the owner decides to sell this property.

I am a life time resident of Terre Haute .

So overtime have built up cash flow in which goes into savings account while my rebates pay the rent this will boost my equity in the property as my mortgage payment will be made and hopefully at least recieve 4 percent appreciation.

There is more information here to satisfy multiple lifetimes!

I am getting impatient because the broker told me it would take between 3-4 weeks for the documents get recorded so I can see my percent of ownership in the property.Now, we are in October and I contacted again with the broker.

I'm more interested in hearing these stories than the amazing once in a lifetime deals that someone else may have gotten. 

I know that when you approach lenders, they want you to have some level of reserve to cover previous properties and 20-25 percent down payment.

I am wondering if anyone has experience using this sort of a document before, and if so, whether a good faith payment is reasonable, and what sort of a percent of the total is acceptable.I can post the content of the entire agreement if needed, and am happy to share the document if anyone wants a copy.Thanks in advance,R

Investors charging top of the market the good quality tenants are ultra picky causing expensive turn around's per unit.The owners do not want a headache and do not need the extra few percent cash flow on a property.

They only charge 12 percent so it's not so bad.