You will need a purchase agreement along side other documentation that the bank will tell you.As David has been trying to impress on you, you are better off using a professional agent or a lawyer to do this deal- so that you cover your butts - just in case the seller later conveniently forgets and claim that you duped him or whatever...Regardsnii

This is a regular occurrence, and that is what keeps the excitement level high.

For disclosure: I’m asking because I work for one of the document filing services, and I’m trying to find out what would be attractive to the target market (RE investors who form entities on a regular basis).

Many companies and all ETFs throw-off cash on a regular basis as dividends.

Unfortunately, this man has a huge ego (since he was going to get profits and not a specific amount for his work, he insisted he be added to the deed), and in exchange for setting specific "rules" (ie true budget, time line...) my friend made a more lax contract in exchange for a signed quit claim deed.

(2) For purposes of this section, "rent skimming" also means receiving revenue from the rental of a parcel of residential real property where the person receiving that revenue, without the consent of the owner or owner's agent, asserted possession or ownership of the residential property, whether under a false claim of title, by trespass, or any other unauthorized means, rented the property to another, and collected rents from the other person for the rental of the property.

You may (or may not) have several theories to claim against the landlord, that is where an attorney will help you.

She claims, in the real world this doesn't work and that I will lose big time if I buy in low income areas even if there is great cash flow.

You came into this thread promoting bandit signs like it was #1 and I said there are better methods which there are if you can't see that than maybe you need to stop teaching.I'm not sensitive I gave my opinion and you're the one who gets his panties in a wad so who's being sensitive :roll: I'll say it before and I'll say it again if it works for you cool but as I have read form others it's not as effective as everyone claims it to be it's the truth.

A sells land to B, with right of assignmentC claims a due course title to the assignment and offers to split the gross proceeds with real estate agent D if D can procure a buyer for the assignment rights.How do you describe D's role in this arrangement, which is based on the details in a lawsuit?