It's a tool that the wealthy use to create a legacy for their families future.

That way you would get the effect you want (loosing the dude-n-dollas) yet not impose any more requirements on forum participation.

They'll provide answers to 99% of any tax questions you may have, and help you to be much more effective in developing strategy with your CPA.

WORDPRESS-By far is the most user friendly and customizable tool if your wanting a mobile website.

I understand that a higher debt balance would lead to a higher effective interest rate but i do not understand how the loan term would change (unless the buyer opts for the same monthly payments before and after the capitalization of the closing costs)

I would like to ask you experienced wholesalers on the forum if there is any book, course or learning tool that you recommend I use for studying and learning the subject in order to obtain the "know how" and specific details of wholesaling.

You got your license and that is a great tool if you use it to your advantage, is it active?

Without a decent club close by it takes that valuable tool of having likeminded people to learn from off the table.

The rates are supposed to be effective on loan closing starting nov 18 2011.

I have the seller sign a Letter of intent to Lease and To OptionThe letter of Intent covers...Address, Rental Term, Renal Payment per month, Security Deposit, Possession Date, Option Sales Price (could new appraisal), Option Money (usually 3% or $5K min), Representations, Warranties, Covenants, and Indemnification, Legal Effect, Notice of Intent to Assign, Option Period (45 - 60 days)I have them sign the letter of intent (LOI), it goes to my attorney, and the attorney prepares the paperwork.There is an option release disclosure document that discusses that the buyer will be responsible for the following fee’s to be paid out of escrow at closing, which are for the release of the recorded notice of option, the assignment of negotiated purchase price, and the negotiated rent.2.