And some commercial brokerages have fill-in-the-blank contracts of their own as well.Once you get to larger transaction sizes you'll start to see the letter of intent used for offers, followed by formal purchase agreements written by your real estate transactional law attorney. 

Received a $1M offer on a 16 unit building that I purchased back in March - leaving me with a nice profit.However, I am expecting 30% in short term capital gains between the state and federal and a prepayment penalty of $6000.00.Thus, unless I can 1031 into another deal...this transaction may be tough to put together.Any ideas on how I should source deals and find a way to defer my taxes?

So we are doing our investors as "much as a favor" by giving them a great, safe, stable long term investment and they are by lending us the money to do the deals.

I agree with Mitchell.. a good Title Company can make the transaction run so much smoother.

And yes, mentorship that come with percentages from your transactions, etc. 

Louis, MO (this is a long-distance transaction) that we intend to purchase as a buy and hold.

@Sharron StJohn What I’ve done, in FL1) “Disclosure: Buyer’s agent has an ownership interest in, and is a member in, “Arizona LLC”, the Buyer, as well as representing “Arizona LLC” as the buyer’s agent in this transaction”.If the other members are not licensed CA agents/brokers, I don’t see any need in disclosing anything about them....that would be according to CA law.2) this language just looks like disclosure you may flip the contract, which I’m not sure if that is your intent or not.

I had never really needed to know anything other then that, until now.Before I started the demo, I did some light homework on how things were done back in the 20s, but without knowing which I would find of the framing options, I just hit the bullet points on each, until I knew which one I would find.The first thing the owner/investor asked was " is that safe" referring to the wall studs going from basement to roof, without much between.

It is a variable rate and to be safe they have a ceiling that they default to.

I think I'm going to go the Sub2 route and get the transaction done by year-end.