With our product, the initial draw pays off your current mortgage.

Is it best to start with a lawyer to draw up the agreement or an accountant to discuss the CA implications and where to set up the LLC?

They won't necessarily refer you to someone that under performs or doesn't complete the work or who doesn't understand that they're going to get paid in draws so they have to be able to do the work and then get paid instead of vice versa.Hope that helpsStephanie 

Technically, you can draw up a contract any way you like if you aren't licensed (at least in NC)...You may be able to check your state's BAR website as they may have standard forms you can use. 

Do realtors ever help with subject to's and could I pay my realtor a fee to help me draw up the contracts?

Do realtors ever help with subject to's and could I pay my realtor a fee to help me draw up the contracts?

Who typically draws up the contracts for this?

He's also currently working on jobs where he's pulled over half a million dollars in just the past few months and according to him, he has no money left, so I'm under the impression he may be taking all the payments and doing something to hide them or drawing them from the company account as soon as possible so that nobody can try to go after a receivership or anything.

I'm sorry, Jon, but it sounds an awful lot like you're asking us how to draw seven red lines, all of them strictly perpendicular, some with green ink, some with transparent ink.To clarify, not the task, but the general sense of how this is being asked, do you want to retain the right to get rid of the tenant in the winter months for nonpayment of rent, egregious lease violations, your decision not to renew, etc.?

This is a deed in the draw situation, which is new to me.