The seller must obtain and record a mutual termination executed by both the purchaser and the seller, or obtain a judgment by a judge of competent jurisdiction that terminates the option and extinguishes the purchaser’s right of redemption.

I'm open to obtaining the knowledge required to become the best I can be in this industry and look forward to being a part of the BiggerPockets community! 

I have been strongly considering obtaining services such as PATLive, Podio, and a VA.

I am not a veteran, but spend majority educating myself for my first purchase and one advice I have been obtaining from podcasts, audio books and friends is that is to just jump in a do it.

We would appreciate any insight on the purchase process and financing connections we can get.Assumptions: 1) Credit score of all parties is 720 or higher. 2) For our due diligence, we are planning to have the following done:  a) An inspection  b)  A PCA (this includes an alta survey and an environmental study)3) We would like to put as little as possible down and obtain the longest amortization possible.  

My biggest questions are on obtaining financing (through a bank), and the difficulty of securing a private lender, and how to secure a private lender.

Ideally, you should have bought the properties in the name of the LLC to start with but there are ways to get the properties into the LLC, one of which would be to sell the properties to the LLC (but this would require you obtaining another financing option).

LLC commercial loan approvalIf some of the partners do not have cash to contribute to the 25%, but lets say they do some of the leg work, is it a normal practice to obtain the down from Hard Money Lenders or is it best to have some partners put the 25% down?

Is it any less secure buying the policy after purchase or harder to obtain a policy?

I was talking to him about how to try to obtain this MFH home, I told him my girlfriend seems to be ok with us refinancing our house in just her name, which would allow me to get an FHA loan on the MFH i'm trying to qualify for, he said he wouldn't be able to do that to his underwriter?