Thanks again, Ill advise as we progressMattMatt,To elaborate a bit.You want the maximum cash in your pocket so you can move on to other deals and lower your exposure to this deal.That could mean proceeds from a loan or a down payment.The down payment is all about the buyer having skin in the game.

The scripts should serve as a guide for remembering what to say and not leaving out something important.

Let assumes I offer 275, that will leave me with about 30 for fix ups after a 10% down payment. where can I get the other 30k?

So for multi-unit properties, I leave the decision up to my client.I've found that 70% of the time, the warranty is activated within a year, and it's almost always for air-conditioning issues.

leave you a run, chips, missed spots, dirt under the paint (all surfaces get tacked) 2.

My intention is to move into buying REO bundles as soon as I finish a transaction I am working on which will leave me with a little over $100 million, and that is due to close by Christmas.

That leaves you a BIG montly negative.

I include a clause in my lease that changes it to 20 days, that way notice can be provided in the first week of the month for a change either by me or the tenant if they want to leave.

It would lower his taxable income and reduce his taxes owed, so he gets a benefit there.In the end, if Mike wanted to leave, then Joe does not have to quit-claim or sell the property to another LLC.

If its occupied, show up at the door right after you win the auction and offer them something to leave.