It's a standard real estate contract stating if they sell their home it HAS to be to you.

It looked pretty positive and I understood she has more than one attorney to review a pretty basic standard sales contract. 

Even with the standard yellow format postcards I get threats to sue me.  

Typically 64% lands me where i need to be. assuming a 20k repair & contingency budget us adequate;230k x .7 = $161k - 20k repairs = $141k max purchase price of an investor. me personally I would be looking more along the lines of the following;230k x.64 = $147k - 20k repairs = $127k max purchase price. dont forget to leave room for negotiations when that those end buyers start coming along with standard 5% below asking price offers. dont fall in love with the deal. you need to understand why the above numbers are the way they are. this seems like a so so deal and that's assuming the 20k budget is adequate with the needed contingency, and throw a whole seller fee into it and it might be something to pass on. break out every cost and you will see how the 70% rule works regarding capital gains, purchase and selling costs for realtor percentages, holding costs, interest on money, prorated taxes, utilities, etc... remember, investors have to pay short term capital gains which is typically over 25%. it may seem like a big chunk of money using those formulas but in reality it isnt.

In Oregon and Washington 16 to 20% is pretty standard for the hard money guys.. anything cheaper is private money then you have bank financing. 

I'm not sure how the plan actually went for hime but it was a standard joke around the office: Oppps; Len is breaking up with Jill . . . . again.

People buy these for $1.2m and usually add a 2nd story to gain sq footage to 2400sq plus and one of these sold recently for $2m So now there is a nice mix of upper end homes for families to raise children with seniors and the upwardly mobile who invest in the desirable location.As far as growing goes, there is not too many areas to expand into around the foothills of the west bayarea so this is pretty much standard fair for the whole west side.

Got to the bottom of the pile and had our two houses and and vacant lots, wrote the checks and realized something:There's NO PENALTY as long as I pay it by the end of January, we get NO TAX DEDUCTION because we take the STANDARD DEDUCTION.

They are held accountable to certain standards in order to stay in the program.

Starting out you might want to use your state's standard real estate contract.