Do me a favor, contact your local FBI office and ask them if you could call that person back from their office.

I guess the minute you feel negotiations are looking favorable I would get the bc going.

How strong is the lease in the landlords favor that you will be inheriting??

Personally, I think using 70% of ARV as a starting value is a bit unrealistic in the current market - at least here in LA, but your market may be more favorable for you.3.Acquisition Cost: This is a very high percentage if you are paying all cash.

Do you favor Principal+Interest or PITI included together in your payments when the mortgage is set up. 2.

If so, you will probably need an attorney, go to court, and get a judge to rule in her favor allowing her to stay, but you will probably have to present a darn strong case.Sorry I don't have any more encouraging advice.

Often, "standard" contracts are too one sided towards the buyer and should be balanced in the seller's favor some to.

He also facilitates 401Ks as do I.The biggest advantage to 401Ks is the favorable tax treatment of leveraged property.

In my mind it keeps things cleaner.As it is your first deal - and particularly because most court systems favor the tenant - I might also have an attorney draft you the rental agreement.

Knowing the party your buyer is wholesaling to is irrelevant.The common law favors the freedom of assignment, so an assignment will generally be permitted unless there is an express prohibition against assignment in the contract.