My partner and I are trying to expand.

I would like a little more thought on this…as to how does the whole thing work and how can we invest properly in pre-foreclosures to earn secure profits.

Also what if you purchased a commercial for 4.25M and the arv was 10M, would you be able to cash out on the difference or is it not how it works.What matters is whether the property will cash flow properly after you refinance.Good Luck,Mike

Air rights--the Floor to Air Ratio, or FAR, not being used by a building that can be transferred through Zelda (zoning lot merger)--give developers the right to expand their buildings, allow lot line windows to be used as regular windows, allow for more residential building and provide more flexibility for design.

Furthermore, the tenant can argue that you were acting illegally as their employer by not having worker's comp or properly withholding taxes.The fact is that the majority of lease-option buyers never buy the property.

Where can i find the proper legal documents to do so or does anyone have docs that they use?

With a properly structured deal, you won't have to put anything down on a deal.

This is an interesting thread.I count financial independence as 'not needing to work any more', and I think it is possible, but only if you had a MASSIVE windfall, split the money into lots of different places, and lived simply.I'm surprised to read people saying their wants could expand to fill their income.

Unfortunately, IMHO, there execs got carried away and expanded into business they should have never been in.

If I were to do something like this, what should I be aware of and what pitfalls should I look for.What he's looking for:Investments in the 30K-40K range (you're welcome to invest more if you like)12-18 month term What he's offering:13%-14% returnPaid out monthly Here are the highlights: -Business is a boutique lender looking to expand capital-Provides short term loans to builders, both commercial and residential-Long track record of success -12-18 month term-Offering 13-14% annual return, paid monthly-Your money would be held in a real estate attorney's trust