Hence the claim leaves you open to legal action later when a deal goes bad.Best to imply that investors have to be accredited or otherwise screened so that you are being clear that this is not for everyone.John Corey

I speak clearly and explain it even better than I typed out here....Ill keep you guys posted.

I'm sure he/she was referring to an assistant.Of course laws differ by state, but I know that here in Tennessee the law is very explicit about what exactly you can and cannot do without a real estate license (this comes up all the time, since busy agents often hire assistants and it needs to be absolutely clear about what they are allowed to do and what must absolutely be done by the licensed agent).

I am not clear on lease options, quick sale, assumables, assignment on contract.....LLC, S Corps.......it makes my head hurt.Any comments?

Has anyone heard about the John Beck Free and Clear Real Estate System?

I was only pointing out that the reality of these techniques is quite different than they appear in seminars and bootcamps.Let's be clear about this "WIN-WIN" concept that is perpetuated by some of the gurus.

I'm sorry for the confusion...here's what I meant.Is it...50% - 70% of the ARV or50% - 70% of the As Is (appraisal at the moment) or50% - 70% of the seller's asking priceThank you both for clearing this up for me.

Clearly, funds must be transferred to the custodian, right, who promptly will direct them as I wish.

Telling both of them what's going on keeps you free and clear of any misunderstandings.

Now I am VERY clear of my expectations upfront.