They will also charge you to have an inspection by a 3rd party to make sure the work is done.

I currently live in an 3br apartment close to downtown and cannot stand paying my rent each month knowing I am not building any equity.  

After the flip is successful, I am dissolving the LLC to stop a 3rd party form coming back after the sale with some crazy lawsuit.   

I’ve done some surface level research and know that you can pay third-party services, but wondering if I can outright cancel due to medical reasons for my dad (cancer) who is too weak to travel.

The only real benefit to the buyer is if they couldn’t qualify for a straight up loan or this method would require less cash.There are risks in a sub2 to both parties.....the due on sale clause being the biggest risk to the buyer, and the seller.  

Hard part is making sure you can improve/add to the existing property or a development is more ideal. 

We closed $30K above our target price and all parties were happy.The downside is that you get jealous when he makes all that commission. 

A Qualified Intermediary really should be an independent third party that has an arm's length transaction with the client.

I once had a perspective tenant apply looking professional and nice, while on social media we could see what type of lifestyle he led (non stop partying and drugs)   You need to be careful why you say no, but finding red flags can sure help narrow down the search. 

Purchase price: $155,000 Cash invested: $175,000 Sale price: $615,000 A friend and I purchased the property from another party that won it at auction and could not get financing.