An offer isn't any good unless it's official.  

This is not an official REIA or club, just a group of RE investors getting together to get to know each other over pizza. 

Which is only $200 more per month or $2,400 more per year.)Also, in relation to the above question... would it be best to avoid announcing percentage numbers for DP and interest, and just negotiate with the prospect using the money numbers, such as...

So I'll head back over there tomorrow and continue until I see him again.In preparation for the next time I actually see him:- I prepared a contract to make my offer official, and to give him confidence in me and give myself a bit of security- I purchased a set of walkie talkies and will give him one (with extra batteries) with the hopes that he will use it to communicate with me, we'll seeAdvice to any others that may face a similar situation (just in case):- BE CAREFUL - don't travel alone or at night, be prepared for anything, understand that their mindset is survival and you more than likely have a lot more to lose than them- Bring some cash (ones), but not a lot (I've been handing out dollars like candy)My plans:- Get the contract signed- Clarify all of the "assumptions" by asking him a series of questions I've prepared (regarding proof of identity, of sound mind, legal capacity, veteran status, etc)- Open title on Monday, find out what my title company will need in order to close- Do whatever I need to do to get him in a position to closeMy ongoing questions:- How do you responsibly give someone who is homeless this much money?

If they can show hardship they can short sell the house without missing payments.I have seen this when there is an announced reduction in pay or layoff a few months before it happens.

A Reciever is a court appointed official who takes control a property affected by blight.

One lead to a deal, I sent him a thank you gift and he became a non official bird dog for me.

Looking at using the equity in it to start investing in SFR to 4-plex. unofficially the appraiser told me its worth between 500-600K but would have to do what they do to make it official.

AH4R (American Homes for Rent) has announced their IPO as was discussed in the current topic.

There no official such term.