I’ve been reading a lot about flipping contracts and I understand the concept, but I’m still confused about a few things.1.

Do you think you have ANY chance of getting ANY of that money back EVER?

For this type of property you are going to find that the lending terms aren't going to change a ton from place to place.

.)• They do not have to change brokeragesIn my mind, there aren't many cons to this.

Tonight is the night, after months of work with the state, county, and city we are presenting a site plan for the city's approval and zone change.Normally, I would not pursue a zone change but when I originally went to the city and proposed storage units based on its current zoning they said they wanted more houses.

On the TREC form - section 11 ‘Have you (Seller) ever filed a claim for damage, other than flood damage, to the Property with any insurance provider?’

If you did sanitize it and there is a legitimate claim then why would you ever return their money?

Because I was told when my position was paused that we were still partners and nothing on the flip deal was changing.

It also is helpful to have a California LLC in case you ever sell that property and move into another state so that you do not need to form a new LLC altogether with new operating agreement, just re-register in the new state as a new foreign LLC.

They have obviously have different people hired as the admins which drastically changes the "character" of the office.