For extra formality, put it on a nice document with your letterhead.Re: Non-Binding Letter of Intent to Purchase Real Property Located at [Property Address]Dear [Recipient's Name]:This non-binding Letter of Intent ("LOI") is submitted by [Your Name] (the "Buyer") to [Recipient's Name] (the "Seller") with the intention of setting forth certain preliminary terms and conditions for the proposed acquisition of the real property located at [Property Address], inclusive of all improvements, appurtenances, and fixtures thereon (the "Property").Purchase PriceThe Buyer hereby proposes to purchase the Property for a total consideration of $[Amount] (the "Purchase Price"), which shall be subject to adjustment based on the results of the due diligence investigations and final negotiations.Earnest Money DepositContingent upon the execution of a definitive Purchase and Sale Agreement (the "PSA"), the Buyer shall deposit earnest money in the amount of $[Amount] (the "Earnest Money") into an escrow account designated by the mutual agreement of the parties.

When I use a virtually staged photo, it actually says "Virtual image" on the picture, we state there are virtually staged images in the public comments, and I include a picture of the room as it actually is without the staging so viewers can see reality vs. virtual.

Private lender How did you add value to the deal?

It requires more effort/work to be successful than most non experienced investors realize.  

If you want to let it go for non-financial reasons, that is a different story.

Hello Nazari,If you have good deals start networking with lenders in the area.

Note this is my first time dealing with this loan broker and lender. 

But, you also need to talk to your lender, insurance person, and financial advisor to see if there are other benefits to switching to LLC. 

Explore traditional loans, hard money lenders and private investors to understand your financing options.

It is much appreciated. co-sign what  Account Closed and@Bo BondIf you finance a property as an investment, the lender will insist on that type of coverage to close.