Are you claiming to have better data than those guys buddy?!

Once he realizes that you will not pay for profits that the owner claimed to the IRS did not exist then work out a compromise.

Plus, my broker said the seller only wanted to give a quit claim deed and I'm definitely not comfortable with that.

My bad on the cap rate calculation.The listing claims the property to be fully rented, but I'll request the financials and current leases.As far as the financing, thanks for the info Scott.

Way longer than she thought, and what apple claimed.

But, there are people in our REIA who do and claim to do very well with it.If you negotiate the pre-foreclosure sale, short or otherwise, there will be no foreclosure.

You made the claim that your company needed us to invest with you because buying 100 properties would be a monopoly.

Or the deposit that is credited at close is not the deposit that the tenant claims to have put down at the start.Estoppel letters draw a line preventing selective memory problem later.John Corey

If you record this at the courthouse which most lawyers will do, AND you later have to get that person out of the house, they must sign a quit claim etc. before any buyer's closing attorney will close the sale of the house.If the land contract occupant doesn't pay the insurance you will get a letter that insurance has not been paid and they will sign you up for a new insurance company of their choosing.

One or both sides might have a valid claim against you and your broker if they feel that you did not represent their best interest.