However, you will have no representation, which means no one is looking out for your interest in the transaction.What's in it for the Realtor is that he will get the commission when you purchase a property if it's a listed property.

So it wasn't a big deal and Kevin has been in at least several other purchases in his lifetime where there were no issues in consideration of the multiple Attorney representations and the Escrow accounts... it all seems very safe until you get an Attorney that sees things in a vastly different light than what you believe is the situation.Any thoughts on if the Seller's Attorney having any grounds to keep the deposit despite the Seller not being able to deliver Marketable Title 9 months after the signing on the contract and it will be more in consideration that the Seller's Sister continues to delay the closing?

You want to make sure that a lawyer closes this deal, that way you are covered if the note is bad or if it doesn't get recorded, you can sue.  

Not sure where you got the 10% number but is not the accurate representation of consequences on early distribution. 

It's a 6 unit building that is in need of a total rehab (already gutted to the stud) I have a partner that will cover the entire rennovation about 180k.

No one is ever 100% covered, but you want to cover what you feel most vulerable. 

There's a lot that needs to be covered in a real estate contract. 

Other than that, looks like you covered all the expenses.

Hi BP,I haven’t done this but I was wondering for investors who reach out directly and work with seller agents in dual representation, what pieces of advice or stories do you have?

There was a recent podcast that covered this GREAT.