If you make $10,000 on a deal you'll have to give them $1,000 but you're still walking away with $9,000 a new buyer who can buy multiple and a happy employee whose now more hungry to make more money and put more signs out.

Fill in the foundation below.Check out the Start Here page http://www.biggerpockets.com/starthere Check out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice.

@Wayne Brooks  Out our way Attorneys are last resort.. this person would be best served to simply go to the title and escrow company and sit down with the escrow officer and title officer and walk through the transaction it will be free and they will know as much if not more than any attorney who would have to charge billable hours to get up to speedIn these little SFR transactions very few folks use attorneys for title issues ... they use them for contracts and other issues. but title companies here are the ones you deal with when it comes to these pedestrian liens and encumbrances.

In the end we walked away with a $3,000 profit instead of $8,000.

My knee-jerk reaction was walk away, but now I'm thinking better of it.

I'd be happy to walk you through the deal but your mentor should help you. 

I do this to discourage people from applying unless they are seriously interested if they failed screening or if they walk away then they lose app fee. 

I have both bought from Hubzu and walked away from deals on Hubzu.  

If you come to the event and walk away disappointed, I will glady refund your tuition for the event.  

Fill in the foundation below.Check out the Start Here page http://www.biggerpockets.com/starthere Check out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice.