Usually contractors are looking for work and understand that they have competition and usually would rather get more work from one source.

It takes a lot of hard work and mistakes but income potential is only limited by your ability to learn new skills and put in the work.

But, I've been searching for some examples of JV agreements and the type or wording and terms used in them to get a clearer understanding of how they work and how I'm protected.I was going to do just a straight loan in the deal with a promissory note stating interest and terms and that I would be repaid upon sale of the property.

I was fine with her being student living with her fiancé who would be responsible for paying as I have seen many couples where one doesn't work and has no income while the other takes responsiblity.

Pay the last draw and preapproved out of scope work and move on. 

I wish the demand letter route could work and force him to withdraw that other offer so that the bank can only consider our updated higher offer.I think that the owner is doing some "shady" stuff with this new offer and might be in with the new potential buyer to rescue his flip.

Therefore, be prepared to work and invest more time and money than you initially expect.Two biggest advice to shell out are know your numbers and all the auxiliary costs besides the obvious purchase and rehab.

I did not know how real estate transactions work and i signed two sale transactions on my home.

I think furnishing common area and washer dryer will work and leaving the bedrooms empty.

This could've been a lower number, but our goal is to get max rent and hold onto it for a long time, so we don't mind doing the extra work. And