We want to1) pursue this and avoid realtor fees2) use a 1031 exchange for a multifamily property with higher returns - we have 90k in equity; mortgage= 200kAre there any creative arrangements or factors we should consider when proposing a deal to our tenant?

I am generally happy with proposed returns but not sure what other risks are lurking.

My guess is he is proposing the fee because there are a lot of out of state buyers that completely waste the time of local agents and never actually end up buying something.

The bank took my purchase price plus proposed improvements and offered me a 12 month interest only construction/purchase loan.

I know I have not listed the proposed amount of these fees but the point of this post is to gauge initial reaction to additional fees on top of a monthly commission rate.

I would be of the mindset to get a bit more from the start for what you are proposing to offer, if the other investors/partners have any clue at all, they will recognize the value you bring and respect you more when you charge accordingly.

From what I've heard, it can be lucrative but the legislation change for laneway housing is fairly new. 

Im not sure he understands that the IRS might assume a base interest, it was his proposal and that would ultimately be his issue to deal with, he is an investor himself and him and i agree that this could be a win-win for the right parties.

Guys and gals,I’m looking for a form that we can provide to prospective contractors and handy men that they can submit their bids on to us for work. I’d love something that is itemized and detailed like Jay Scott outl...

I am working on putting together a proposal package for my potential private money investors.